11–20 of 119 posts
So if gold is the only real money (and everything else is just debt)... What does gold’s year-long rally this year tell us?
Earlier quoted context omitted.
Even beyond that, there's an argument to be made that money (and debt) are at their core quantified and malleable representations of social relations.
Isn't that stretching "social"? The money I hold is not tied to the yet unknown individual or group with with whom I will exchange it for goods or services, the person might not even be born yet.
I'm surprised the New Yorker would use him as a reference.
Earlier quoted context omitted.
Even beyond that, there's an argument to be made that money (and debt) are at their core quantified and malleable representations of social relations.
Isn't that stretching "social"? The money I hold is not tied to the yet unknown individual or group with with whom I will exchange it for goods or services, the person might not even be born yet.
Marco Polo's stories are not regarded by scholars as authentic because in in his chronicles, he failed to mention tea, the Great Wall, the writing system, and other notable things about China at the time. I'm surprised the New Yorker would use him as a reference.
https://books.google.com/books?id=iN9Tdfdap5MC&lpg=PP1&pg=PA...
It would seem there is no consensus. Clearly some scholars think he went there.
Marco Polo's stories are not regarded by scholars as authentic because in in his chronicles, he failed to mention tea, the Great Wall, the writing system, and other notable things about China at the time. I'm surprised the New Yorker would use him as a reference.
See footnote 83: https://books.google.com/books?id=iN9Tdfdap5MC&lpg=PP1&pg=PA... It would seem there is no consensus. Clearly some scholars think he went there.
So if gold is the only real money (and everything else is just debt)... What does gold’s year-long rally this year tell us?