To: Southack
That's called "bartering", and that system was surpassed millenia ago as the superior medium of exchange.
Oh, I always thought "millenium" meant 1000 years. But all of the world's major powers were on honest-to-goodness gold standards 100 years ago.
[z]
15 posted on
04/09/2003 12:36:42 PM PDT by
zechariah
(Dangerous Jesus Lover)
To: zechariah
"Oh, I always thought "millenium" meant 1000 years. But all of the world's major powers were on honest-to-goodness gold standards 100 years ago."
A "gold standard" for a currency is NOT bartering.
How far back in time do you have to go before BARTERING was the preferred medium of exchange instead of currency/coins?!
Surely more than 100 years...
17 posted on
04/09/2003 12:41:27 PM PDT by
Southack
(Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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