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MertonCage (OP)
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July 14, 2011, 11:21:02 PM
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Debt, the 1st 5000 Years.

"What we’d now call “virtual money” preceded coinage by thousands of years, and human history has alternated back and forth between periods of virtual money, and periods dominated by gold and silver—which have also, invariably, been times of empire, war, and slavery."

http://bit.ly/oIiQWw
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Leon
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July 15, 2011, 01:44:58 AM
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Quote from: MertonCage on July 14, 2011, 11:21:02 PM
Debt, the 1st 5000 Years.

"What we’d now call “virtual money” preceded coinage by thousands of years, and human history has alternated back and forth between periods of virtual money, and periods dominated by gold and silver—which have also, invariably, been times of empire, war, and slavery."

http://bit.ly/oIiQWw



Interesting read, thanks.
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