GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Sunday, April 12, 2015

Money and the Development of Human Society: From Barter to Bitcoin | Mark Thornton

Presented at "Sound Money": a seminar for High School and College students covering the topic of money—where it comes from, what governments do to it, and where it's going in the future. Recorded at the Mises Institute in Auburn, Alabama, on 10 April 2014.

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