Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: zechariah
"Oh, I always thought "millenium" meant 1000 years. But all of the world's major powers were on honest-to-goodness gold standards 100 years ago."

A "gold standard" for a currency is NOT bartering.

How far back in time do you have to go before BARTERING was the preferred medium of exchange instead of currency/coins?!

Surely more than 100 years...

17 posted on 04/09/2003 12:41:27 PM PDT by Southack (Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
[ Post Reply | Private Reply | To 15 | View Replies ]


To: Southack
A "gold standard" for a currency is NOT bartering.

Whew! For a second there I thought you were arguing against a gold standard.

[z]
24 posted on 04/09/2003 3:38:50 PM PDT by zechariah (Dangerous Jesus Lover)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson