Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Get rid of the money system, then get rid of goverrments
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 590644:MV85ODA3ODlfMzQ5MTkwMTVfRUMyRUUxNQ==] Foster Book is rated about 4.3 of a 5 star rating: http://www.goodreads.com/book/show/2877426-fiat-paper-money-the-history-and-evolution-of-our-currency I want to comment on one of the three printed reviews. Review #1 (3 star): Money is a bad thing to hoard, according to this book, because it loses its value over time, sometimes suddenly. Foster likes the idea of hoarding precious metals, however, because gold and silver has been universally accepted as money for a long time. I would guess that most of us don't even have a lot of paper money, but have savings in the form of numbers on record at a bank or fund. A lot of us have seen the collapse of value in our 401(k) accounts, so the loss of value of paper money should strike a responsive chord. I enjoyed Foster's book, written as it was by a stamp and coin dealer. The book was originally published in 1991, eight years before the launch of the Euro. Foster calls it a "work in progress." Considering that even paper money is being largely replaced by debits and credits in electronic transactions, the history of money itself is still evolving and is fascinating to watch. Thanks to Mr. Foster for his contribution to this history. Review #3 (4 star): If you want the history of fiat paper collapses this has most of the major and important ones. Book is a slow read, but worth the time, effort, and thought process required to read it thoroughly. The quick review is: printing money on paper that is backed by nothing but good wishes is not an answer. Learn from the mistakes of the past and do not repeat them. His section with the interviews of Germans that went through the collapse of the Mark in the 1920s is worth reading. Review #2 (4 star): ...written by a coin dealer. does not trust paper money for good reason. [Foster's Coin, Stamp, and Publishing - see interview with Darryl Schoon linked below] He doesn't celebrate colonial script, the money that was made by and for the people of the early American colonies. Valuable history: as he is obsessed with paper currency, he will tell any interesting story of world history relating to paper money. Best way to get unadulterated history: read books by those obsessed with some abstraction. [/quote]
2 things the human race will have to combine and achieve before we evolve.
if we don't, it will be like a stagnant parasite within us all.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Eleventh Hour Drama For Net Neutrality
Cyber Bullying Legislation Passes PA House. House Bill 229 would make cyber harassment of a child a punishable offense
DNA Activation for the Golden Age
Are We Living In A Holographic Universe?
Scientists Fear CIA Funding Geoengineering to Control ‘Weaponized Weather’
IBM Watson Dehumanizing Veterans Care
Max Keiser: Welcome to the New World Order
Forced Adult Vaccinations at Federal Levels
The Media Is "Run By A Tiny Group Of Politically Motivated Moguls", And "Controlled By The CIA"
Inside The Food Industry: The Surprising Truth About What You Eat
Monday Feb 23 Will Be GLPVCs TheRawFeedLive's Last Show
Hollywood Studio Caught Producing ISIS Videos
A meteor going 45,000 MPH lit up the sky in western PA. You could see it from Ohio and New York!
America : Freedom to Fascism
Rapper Afroman Caught On Video Punching Woman At Nightclub
USDA Approves First GMO Apple For Planting
US Senator used old photos of Russian troops to push Ukraine war propaganda
New 9/11 Audio: FAA employees say Secret Service told them “Flight 93 hit Camp David”
Scientists seek international authority on climate geoengineering
Can world powers really control the weather?
NSA has ability to embed spying software in computer hard drives, including yours
Study: Junk Food more Deadly than War, Famine, Genocide
5 Ways Mass Surveillance Is Destroying Our Economy
Italian Senate moves to outlaw Holocaust denial
Most honey contains glyphosates, the main ingredient in Roundup
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.005s (5 queries)