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Author Topic: Re: Recommended Libertarian reading list?  (Read 11166 times)

CurtHowland

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Re: Recommended Libertarian reading list?
« Reply #30 on: June 14, 2010, 02:57:25 pm »

Odd. Your proving my point. Jackson to Lincoln? England after WWI? A time of less government as compared to when?

As compared to now, which was your assertion earlier.

Quote
Static in perception. The gold standard is a eurocentric perception.

Funny. When I was living in Japan some guy dug up on his property a bag of gold coins that had been buried for safe keeping by someone several hundred years before.

Mr. Mercier, I think you should give up.
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John Edward Mercier

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Re: Recommended Libertarian reading list?
« Reply #31 on: June 14, 2010, 03:17:23 pm »

My assertion was highly limited government... for example Native Americans. The gold/silver standard in Europe is thousands of years old. It was coined by the various governed civilizations.
Japan originally used and taxed in rice...

Its the knowledge that one of the oldest systems known had clay 'coins' with symbolic representations of commodites on them... and the most basic exchange was direct barter (not based on any specific standard).
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John Edward Mercier

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Re: Recommended Libertarian reading list?
« Reply #32 on: June 14, 2010, 03:43:27 pm »

as to compared to now, or pretty much any time in the past couple hundred years when gold was not used as money.
What are you talking about?  Why would that be the case? 
You totally missed the point with the 'food is survival telescope is luxury line'   The point is saleability.  In order for something to emerge as an exchange good, it needs to have very high saleability.
but if you compared gold to wheat in terms of which commodity had better money properties, gold pwns wheat.  Gold is durable, divisible, dense, etc.  And most importantly, marketable. As more and more people trusted that they would easily be able to sell their goods and services in exchange for gold, that they could then turn around and sell for goods and services, this built up a positive network effect of gold as money.  The more people use something as an exchange good, the more valuable that thing becomes as an exchange good.
Sorry for shortening your post... but no I didn't miss the point. Wheat (food) is a more desireable commodity because of its association with survival. Metals are more often used as a storage of wealth because of their non-organic characteristics (don't rot or get rodent/insect infestations).
But most of it is learned perception. Notice how you mentioned more USD could be printed... actually USD is coined, but in our modern world its an accounting entry.
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rossby

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Re: Recommended Libertarian reading list?
« Reply #33 on: June 14, 2010, 04:17:42 pm »

But most of it is learned perception. Notice how you mentioned more USD could be printed... actually USD is coined, but in our modern world its an accounting entry.

Speaking of, is anyone participating in a LETS up there?
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Pat McCotter

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Re: Recommended Libertarian reading list?
« Reply #34 on: June 15, 2010, 05:16:27 am »

But most of it is learned perception. Notice how you mentioned more USD could be printed... actually USD is coined, but in our modern world its an accounting entry.

Speaking of, is anyone participating in a LETS up there?

Shire Hours (a ripple system)
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CurtHowland

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Re: Recommended Libertarian reading list?
« Reply #35 on: June 16, 2010, 07:20:59 pm »

I finally finished the Mises article "The Enterprise of Customary Law"

http://mises.org/daily/2542

and it is simply WONDERFUL.

If you haven't read it, please take the time.
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rossby

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Re: Recommended Libertarian reading list?
« Reply #36 on: June 16, 2010, 07:28:02 pm »

But most of it is learned perception. Notice how you mentioned more USD could be printed... actually USD is coined, but in our modern world its an accounting entry.

Speaking of, is anyone participating in a LETS up there?

Shire Hours (a ripple system)

Hmmm... ripple looks defunct.

I finally finished the Mises article "The Enterprise of Customary Law"

http://mises.org/daily/2542

and it is simply WONDERFUL.

If you haven't read it, please take the time.

We must not be reading the same article.
« Last Edit: June 16, 2010, 07:37:05 pm by B.D. Ross »
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