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Re: [A-List] barter is a blind
Tariq:
Holders of currency were not the problem; not
any more than superior hunters who "held" more
meat than inferior ones were the problem. ( In
that situation, probably the community was just
glad they had at least some superior hunters.)
The problem of "commanding a premium and
calling the shots" lies with the issuers of money.
(Fiat issuers always pyramid, it's the whole point
of the system.)
Don't be misled by cliches. It's like the hilarity of
financial commentators raving about how "the
Fed" has to raise rates "to cool the economy"
because Greenscam/Volker/Burns or whichever
scoundrel running the crap game is a "hawk" on
inflation.
How silly. The Fed exists to create inflation;
that is it's purpose.
Anne
----- Original Message -----
From: Tariq <tariq200@xxxxxxxxxxxxxxxxxx>
To: <a-list@xxxxxxxxxxxxxxxxxxx>
Sent: Sunday, April 28, 2002 2:24 PM
Subject: Re: [A-List] barter is a blind
> Introduction of money in the marketplace no doubt eased
> up transactions a great deal. Before that it was either the
> barter deal system or every one contributing his or her
> service or commodity to the community as whole for every
> one's use.
>
> What ever the system, it was nevertheless a clumsy affair.
> But money, by dint of its quick convertibility was in universal
> demand, hence commanded greater premium and its holder
> called the shots. Thus the inequality was ushered in ad the
> attendant vices.
>
> Its an evil we cannot discard.
>
> Tariq
>
> From: ewc <ewc@xxxxxxxxxxxxx>
> To: <a-list@xxxxxxxxxxxxxxxxxxx>
> Sent: Sunday, April 28, 2002 5:54 PM
> Subject: [A-List] barter is a blind
>
>
>
> From: "Anne Williamson" <annewilliamson@xxxxxxx>
> Date: Fri, 26 Apr 2002 21:26:42 -0400
>
> ..........money as an economic tool of
> measure and of exchange (which thereby allows man to not only avoid
> the clumsy quagmire of barter and to plan his economic activity
> rationally...........
>
> An not sure which bible you are quoting here Anne - is it Samuelson or
> Aristotle?
>
> Either way I feel, by following them, you are selling 'money' short.
>
> First use of coins, in Europe, in India and in China, coincides with
> first attempts at objective historical writing, and with first
> attempts at open debate of politics, governments, (anti) slavery,
> atheism etc etc etc. This cannot be a coincidence.
>
> Wray's review of Kurke (Origins of coins) is on the web and well worth
> reading in this regard.
>
> But more power to your fingertips on most of the rest
>
> ewc
>
>
>
>
- Thread context:
- [A-List] "Nato weakened",
Chris Burford Sun 28 Apr 2002, 18:52 GMT
- [A-List] barter is a blind,
ewc Sun 28 Apr 2002, 12:57 GMT
- [A-List] Godot's Europe,
Sabri Oncu Sun 28 Apr 2002, 05:24 GMT
- [A-List] Steel: US slept while Europe, Japan innovated,
Sabri Oncu Sun 28 Apr 2002, 04:41 GMT
- [A-List] The Collapse of Argentina, part 3: Juan Perón,
Louis Proyect Sat 27 Apr 2002, 19:16 GMT
- [A-List] (Sp) Rodríguez Saá: stop begging to IMF, stop defending banks against people!,
N‚stor M. Gorojovsky Sat 27 Apr 2002, 17:14 GMT
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