Monday, July 6, 2009

Shiny Things

Two bigs things in the history of Money happened in the 20th Century. The end of the supremacy of the pound, and the beginning of the supremacy of the American dollar. But even bigger than these two things is something that happened in the 1970s when Gold parity with dollars lost it's momentum. Now I'm no historian, but the fact is Gold has been a motivating factor behind human behaviour and politics for thousands of years. People who had gold in the past always had access to food and land, or the potential access to food and land. Gold was extremely valueable.

Why? Why is Gold so valuable? Why has gold become the cause of the deaths and lives of millions, the recreations and destructions of whole civilizations?

Why?

Because it's shiny!

WE LIKE SHINY THINGS.

It's absurd.

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