The Collapse of Paper Money & the Vertical Move of Gold
Friday, July 15th, 2011
by Darryl Robert Schoon “Money in capitalist economies is an IOU, an IOU that can’t be repaid” Paper money, invented by the Chinese, first appeared in the West in the 13th century. Brought back from China by Marco Polo and his uncles, author Ralph Foster describes the West’s reaction to the hitherto unseen phenomena of [...]
