The History Of Money [Pic]

Submitted by: AFTERSHOCK 2 years ago in Misc

Humans have been using banks and currency for thousands of years. See how far weve come, from bartering to Bitcoins.
There are 6 comments:
Female 2,691
Fun fact: I draw little pictures of stick-kitties, and people give me money.
0
Reply
Male 557
I think you are all missing the main point of this discussion. It`s a re-post.
0
Reply
Male 15,832
Now the Fed just creates money out of thin air and uses it to buy up new government debt instruments at 0% interest. Hint: this can`t go on forever.
0
Reply
Male 10,338
Still don`t understand bitcoin....
0
Reply
Male 2,578
United States abandons gold standard in 1971*

It`s interesting they have nothing on the dismal history that countries have when they debase their currencies.

Also, they have nothing on currency wars. The first currency war in the 20s and 30s and the next in the 70s are kind of a big deal. The first currency war actually caused the collapse in international trade that led to the Great Depression.
0
Reply
Male 2,781
Link: The History Of Money [Pic] [Rate Link] - Humans have been using banks and currency for thousands of years. See how far weve come, from bartering to Bitcoins.
0
Reply