Wednesday, March 2, 2011

Money and civilizations

In reading Silver and Gold, 'Star Trek,' and the Truth About E.T. from John Bowman, I stopped at this:
Our own history is rife with examples of the failures of paper money going back to 600AD. They all collapse, and with them the underlying society or civilization.
If this is true -- and I have too little history to believe it is not -- does it tell us something about the current, obviously suicidal course of the Fed?

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