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Old 05-15-2007   #11 (permalink)
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Talking Re: Money Explained

Quote:
Originally Posted by Popular View Post
Gold was only “money” because everybody agreed that this nice and shiny metal was worth having.
Because this nice and shiny metal was worth having? Nonsense!

When first the Spaniards started landing on the shores of South America, the natives still thought that gold was a very handy stuff to pick out of river beds, simply due to how malleable it is. It was so great to fashion it into useful things such as fish hooks, for instance. So easy to shape that it wasn't worth keeping the thing for the next time you need it, just drop it when you're through with it and next time you make another one, just like that.

The Spaniards of course saw their point so well that they were grabbing as much of it as they could, carting it back home to make fish hooks and other little things, goodness knows how many fish hooks they made back in Spain with the stuff and to heck with those natives if they soon started finding less of it lying around. I s'pose those natives just had to start keeping their fish hooks to use again next time.


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Last edited by Qfwfq; 05-15-2007 at 06:02 AM..
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