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<p>[QUOTE="fatima, post: 1357099, member: 22143"]On the first point, gold and silver are a world wide currency. It allowed American's to do things which they otherwise could not have done (effectively). For example. During the Civil War, the South did not have much in the way of industrial production. They addressed this trading gold for armaments. This is one of the reasons that gold coins minted from the Charlotte, NC mint are relatively rare. This gold ended up in Europe were it was melted down. It should be noted the Europeans would not accept Confederate money for payment. They understood the worth of that. </p><p><br /></p><p>On the second point, nature always prevents population growth from expanding at a fixed percentage rate forever. Lack of resources sees to that. In the case of humans, either more resources have to be exploited, or laws put in place to limit children to 1 child/couple (or less), or disease, starvation, etc takes care of it. All these examples exist in some form today. An extreme example is Easter Island. The inhabitant population expanded beyond what the island's resources could support and both the ecology and population collapsed. It happened in a very short time too.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1357099, member: 22143"]On the first point, gold and silver are a world wide currency. It allowed American's to do things which they otherwise could not have done (effectively). For example. During the Civil War, the South did not have much in the way of industrial production. They addressed this trading gold for armaments. This is one of the reasons that gold coins minted from the Charlotte, NC mint are relatively rare. This gold ended up in Europe were it was melted down. It should be noted the Europeans would not accept Confederate money for payment. They understood the worth of that. On the second point, nature always prevents population growth from expanding at a fixed percentage rate forever. Lack of resources sees to that. In the case of humans, either more resources have to be exploited, or laws put in place to limit children to 1 child/couple (or less), or disease, starvation, etc takes care of it. All these examples exist in some form today. An extreme example is Easter Island. The inhabitant population expanded beyond what the island's resources could support and both the ecology and population collapsed. It happened in a very short time too.[/QUOTE]
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