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<p>[QUOTE="Cloudsweeper99, post: 1536215, member: 3011"]There is no secret to valuing a company, and from that, the fractional ownership represented by a share of stock can be determined. Interestingly, most human societies used credit instead of currency when left to themselves. The use of coin and currency is a development by kings and other dictators of various titles to maintain and grow their power. It was also used for trade between enemies who didn't trust each other. But the world has run on credit for longer than is comfortable to admit. </p><p><br /></p><p><a href="http://www.amazon.com/Debt-First-5-000-Years/dp/1933633867/ref=sr_1_1?s=books&ie=UTF8&qid=1348170611&sr=1-1&keywords=debt+the+first+5000+years" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.amazon.com/Debt-First-5-000-Years/dp/1933633867/ref=sr_1_1?s=books&ie=UTF8&qid=1348170611&sr=1-1&keywords=debt+the+first+5000+years" rel="nofollow">http://www.amazon.com/Debt-First-5-000-Years/dp/1933633867/ref=sr_1_1?s=books&ie=UTF8&qid=1348170611&sr=1-1&keywords=debt+the+first+5000+years</a></p><p><br /></p><p>This runs contrary to internet economics, and is therefore painful, but it's something everyone should be aware of. I'm not saying that gold and silver don't make good forms of money. They do. But it hasn't be the standard throughout history that the goldbugs make it out to be.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1536215, member: 3011"]There is no secret to valuing a company, and from that, the fractional ownership represented by a share of stock can be determined. Interestingly, most human societies used credit instead of currency when left to themselves. The use of coin and currency is a development by kings and other dictators of various titles to maintain and grow their power. It was also used for trade between enemies who didn't trust each other. But the world has run on credit for longer than is comfortable to admit. [url]http://www.amazon.com/Debt-First-5-000-Years/dp/1933633867/ref=sr_1_1?s=books&ie=UTF8&qid=1348170611&sr=1-1&keywords=debt+the+first+5000+years[/url] This runs contrary to internet economics, and is therefore painful, but it's something everyone should be aware of. I'm not saying that gold and silver don't make good forms of money. They do. But it hasn't be the standard throughout history that the goldbugs make it out to be.[/QUOTE]
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