Summary of jin xu's empire of silver
(2022)
By: IRB Media

Nonfiction

eBook

Provider: hoopla

Details

PUBLISHED
[United States] : IRB, 2022
Made available through hoopla
DESCRIPTION

1 online resource

ISBN/ISSN
9798822513709 (electronic bk.) MWT15100481, 8822513703 (electronic bk.) 15100481
LANGUAGE
English
NOTES

Please note: This is a companion version & not the original book. Book Preview: #1 Money is a man-made deity that affects not only the fate of individuals, but also the future of sovereign states. Money is a primitive drive and collective subconscious, and it has carried over into modern society. #2 The case of Yap Island demonstrates the essence of money is credit. The islanders used large stone discs called fei as a form of currency. If a transaction involved a fei too large to be conveniently moved, it was left in place, without so much as a mark to indicate the exchange. #3 The essence of money is credit. We must revise classical theories about the origins of money, which believe that money was created for the purpose of exchange. In fact, gold rarely circulated in the marketplace. #4 The traditional view among economists is that money originated for the exchange of goods. However, a great deal of anthropological evidence reveals money as a kind of gift

Mode of access: World Wide Web

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