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Non-Tech : Monetary Policy and Standards

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To: Hawkmoon who wrote (7)8/22/1999 2:19:00 PM
From: goldsheet   of 29
 
Here's another excellent site;

Monetary History of the World - Martin Armstrong

peicommerce.com

"It is almost impossible to define money in terms of its physical form or properties due to the fact that money has evolved from a variety of items in different parts of the globe. Money is anything that can be widely used for the purpose of making payments and permitting the accounting for debts and credits. Money itself has been a by-product of necessity that emerged from the interaction of human beings. Thus the need to interact between individuals or communities, (be it to pay tributes, engage in trade, dowry resulting from a marriage contract, ceremonial, religious rites or commerce, etc.) has been the very mother of necessity for the birth of money as a medium of exchange. In essence, money is the physical language within a transaction in much the same manner as speech facilitates the emotional and intellectual communications within society."

Bob Johnson
goldsheet.simplenet.com
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