hungryphrog @lemmy.blahaj.zone CRONCH
2 0 ReplyPugJesus @lemmy.world Coinage is just a fad. Look at how easy the system is to game! We'll be back to silver ingots in no time, mark my words.
27 0 Replysp3ctr4l @lemmy.zip Pff, modern nonsense.
Who has time for metallurgy at scale?
Tally Sticks. That's where its at.
12 1 ReplyFlying Squid @lemmy.world OP Anyone can counterfeit a tally stick. Now a cowrie shell…
5 0 Reply
superkret @feddit.org Here's an interesting article about inflation, currency devaluation, and how market effects that no one back then understood probably caused the downfall of the Roman Empire.
https://www.dailyhistory.org/What_Role_Did_Inflation_Play_in_the_Collapse_of_the_Roman_Empire
15 0 ReplyRain World: Slugcat Game @lemmy.world for more images like the post, google "inflation porn"
1 0 Replysuperkret @feddit.org no
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Kyrgizion @lemmy.world No, these have actual intrinsic value.
13 0 Replymagikmw @lemm.ee Intrinsic, ehh... Silver is shiny when polished, and doesn't rust (as much as other metals), therefore it looks nice, and therfore has value.
10 1 ReplyGladaed @feddit.org The material also has value from its material properties, not just its looks.
8 0 Reply