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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: critical_mass who wrote (109393)12/31/2014 10:10:58 AM
From: Metacomet  Read Replies (2) | Respond to of 218088
 
there is very little evidence for the existence of the barter economy

..and it is in a printed book, so it must be true...

Another is the concept of debt which will never be repaid - essentially a form of tribute.

Bingo...

..a very common failing of governments

Why US treasuries are the reserve currency, the go to, universally accepted unit of exchange

They are debts that have never been defaulted

Thanks for pointing that out