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<p>[QUOTE="MarcosX, post: 4105460, member: 77127"]what facts do I have? big banks not liking coinage isnt exactly true, it depends on what a coin is nowadays, the banks make money from interchange every time you swipe a debit card they make "coin" from that and so does Visa& MA., it might not be actual Physical coins but they are making a fraction of a coin every time its done. Restaurants and other businesses created their own currencies and scrip for decades, to fill voids because that is what businesses do, nature abhors a vacuum as they say... as for Keynes he was a money printing moron not sure why he is even being mentioned. </p><p>coins were created by Ionian traders for ease of business than adopted by the Lydian higher ups that is my speculation, they've gotten a lot credit for it in history but its never been proven. I cited that article because I happen to agree with it not that it necessarily touched on merchants roles exactly so my error there.</p><p>but still a good read</p><p>-Mx[/QUOTE]</p><p><br /></p>
[QUOTE="MarcosX, post: 4105460, member: 77127"]what facts do I have? big banks not liking coinage isnt exactly true, it depends on what a coin is nowadays, the banks make money from interchange every time you swipe a debit card they make "coin" from that and so does Visa& MA., it might not be actual Physical coins but they are making a fraction of a coin every time its done. Restaurants and other businesses created their own currencies and scrip for decades, to fill voids because that is what businesses do, nature abhors a vacuum as they say... as for Keynes he was a money printing moron not sure why he is even being mentioned. coins were created by Ionian traders for ease of business than adopted by the Lydian higher ups that is my speculation, they've gotten a lot credit for it in history but its never been proven. I cited that article because I happen to agree with it not that it necessarily touched on merchants roles exactly so my error there. but still a good read -Mx[/QUOTE]
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