Explain to me how and why money worked in the past 2000 years and even before.
I read this book a couple of years ago
http://www.amazon.com/gp/aw/d/031651157 ... SY200_QL40
In it, they kept minting new coins every year, new designs. Forgers made cheap copies immediately. Metal was filed off from gold and silver coins, then melted to new coins.
Other than portability, I don't see an advantage to coins over trading goods and services.
Money
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Svartalf
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Re: Money
How and why did precious metals have value? It's only due to WWI that money detached from its precious metal base.
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PC stands for "Patronizing Cocksucker" Randy Ping
PC stands for "Patronizing Cocksucker" Randy Ping
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cronus
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Re: Money
Paper money was used in China millions of years before The French Revolution when heads alone became legal tender.Svartalf wrote:How and why did precious metals have value? It's only due to WWI that money detached from its precious metal base.
What will the world be like after its ruler is removed?
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Tero
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Re: Money
They had value as jewelry and as symbols of wealth. Gold especially does not oxidize in air.
And we are magpies: we collect shiny things.
For weapons and other construction, soft gold was useless.
And we are magpies: we collect shiny things.
For weapons and other construction, soft gold was useless.
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Xamonas Chegwé
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Re: Money
Obvious post is obvious, I know. But... Floyd!
A book is a version of the world. If you do not like it, ignore it; or offer your own version in return.
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Paco
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Millefleur
Salman Rushdie
You talk to God, you're religious. God talks to you, you're psychotic.
House MD
Who needs a meaning anyway, I'd settle anyday for a very fine view.
Sandy Denny
This is the wrong forum for bluffing
Paco
Yes, yes. But first I need to show you this venomous fish!
Calilasseia
I think we should do whatever Pawiz wants.
Twoflower
Bella squats momentarily then waddles on still peeing, like a horse
Millefleur
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Xamonas Chegwé
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Re: Money
Excellent. Glad to see this thread has evolved into something positive. 
A book is a version of the world. If you do not like it, ignore it; or offer your own version in return.
Salman Rushdie
You talk to God, you're religious. God talks to you, you're psychotic.
House MD
Who needs a meaning anyway, I'd settle anyday for a very fine view.
Sandy Denny
This is the wrong forum for bluffing
Paco
Yes, yes. But first I need to show you this venomous fish!
Calilasseia
I think we should do whatever Pawiz wants.
Twoflower
Bella squats momentarily then waddles on still peeing, like a horse
Millefleur
Salman Rushdie
You talk to God, you're religious. God talks to you, you're psychotic.
House MD
Who needs a meaning anyway, I'd settle anyday for a very fine view.
Sandy Denny
This is the wrong forum for bluffing
Paco
Yes, yes. But first I need to show you this venomous fish!
Calilasseia
I think we should do whatever Pawiz wants.
Twoflower
Bella squats momentarily then waddles on still peeing, like a horse
Millefleur
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JimC
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Re: Money
I think bottles of gin should be the new medium of exchange...
Nurse, where the fuck's my cardigan?
And my gin!
And my gin!
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FBM
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Re: Money
A sack of coins is a lot easier to transport than a herd of cows.
"A philosopher is a blind man in a dark room looking for a black cat that isn't there. A theologian is the man who finds it." ~ H. L. Mencken
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"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the fucking irony in that."
"It is useless for the sheep to pass resolutions in favor of vegetarianism while the wolf remains of a different opinion."
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cronus
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Re: Money
A wad of notes is easier still. Gotta get people trusting it ain't a bullshit circus with paper being so easy to print and everything.
What will the world be like after its ruler is removed?
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Blind groper
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Re: Money
Of course, money today is no longer even a wad of notes. It is a record in a computer. Money exchange is a few electrons going from computer A to computer B.
Ultimately money is whatever the people trust.
Ultimately money is whatever the people trust.
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Tero
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Re: Money
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Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
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