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" ... As you may have noticed, people just aren’t making transactions with coinage like they used to. That’s especially the case now in the age of the coronavirus. With many people sheltering-in-place, billions of dollars in everyday purchases are being made online that in normal times would have happened at the cash register. ... "
" ... Commerce is a human activity woven into our very nature. It predates complex societies and urbanization, and is at least as old as the widespread practice of agriculture. Evidence of the trading of livestock and goods exists as early as the tenth millennium BC, and these activities are likely far older. Currency - coinage - was one of the earliest inventions of the first human civilizations of Mesopotamia, dating to around the same time as the first recorded written texts. ... "
" ... Manders informed me that John Bergdahl is the coinage artist for the Shakespeare tragedies skull design and that "his original drawings were researched using images of skulls from a number of resources, any one of which may have shown this variant, which then appeared in the final design by default rather than for reasons of any design intent." ... "
" ... There have always been people who attempted to manipulate the money. The philosopher Plato, in The Laws, recommended a local government-controlled fiat currency (likely made of iron), and the abolition of the gold and silver coinage then in common use in Greece. When he wrote it, Plato had just left Sicily, where he advised the local tyrant. This tyrant attempted several times to debase the local coinage, possibly according to Plato’s advice, making him very unpopular. It didn’t work out very well for Plato: he was thrown in prison, and, according to some accounts, was sold at a slave market in Corinth where, by lucky chance, some friends happened to come by and purchase his freedom. ... "
" ... Using a commodity such as gold as money means that the quantity of money in circulation remains fixed unless more gold coinage is produced. A falling general price level is therefore a sign that the economy is GROWING. More – or better - goods and services are being produced relative to the amount of money in circulation: the value of money rises and the price of goods and services falls. This is “benign” deflation. ... "