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Monetary Commentary	by Illiad	2009-08-24 13:35:43
The farther along we go, the more it looks like...	by kelli217	2009-08-24 13:43:04
The thing about trading goods for worthless bits	by hobbs	2009-08-24 13:51:14
of paper, and vice versa, is that it works pretty well until you realize that someone has to have the ability to create bits of paper without giving anything in return, and money being fungible as it is, whoever can do that has totally unprecedented power over everyone else.
[ Reply ]
Goldsmiths.	by Illiad	2009-08-24 13:53:37
HEY! Jerry's a pretty good movie score composer!	by adiplomat	2009-08-24 14:46:33
Like the power of life and death?	by theymustbidiots	2009-08-24 14:35:39
Fiat money and barter are not the only options (n/t)	by hobbs	2009-08-24 15:08:54
No?	by theymustbidiots	2009-08-24 15:18:59
By having a medium of exchange	by hobbs	2009-08-24 15:49:46
The problem:	by theymustbidiots	2009-08-24 19:07:22
You seem to think that the word "fiat"	by hobbs	2009-08-24 19:38:24
Which is to say, you're actually	by hobbs	2009-08-24 19:42:47
By fiat:	by theymustbidiots	2009-08-24 20:02:58

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