Coinage is just a fad. Look at how easy the system is to game! We'll be back to silver ingots in no time, mark my words.
26 0 ReplyPff, modern nonsense.
Who has time for metallurgy at scale?
Tally Sticks. That's where its at.
9 0 ReplyAnyone can counterfeit a tally stick. Now a cowrie shell…
4 0 Reply
Here's an interesting article about inflation, currency devaluation, and how market effects that no one back then understood probably caused the downfall of the Roman Empire.
https://www.dailyhistory.org/What_Role_Did_Inflation_Play_in_the_Collapse_of_the_Roman_Empire
15 0 Replyfor more images like the post, google "inflation porn"
1 0 Replyno
3 0 Reply
No, these have actual intrinsic value.
13 0 ReplyIntrinsic, ehh... Silver is shiny when polished, and doesn't rust (as much as other metals), therefore it looks nice, and therfore has value.
10 0 ReplyThe material also has value from its material properties, not just its looks.
8 0 Reply