this post was submitted on 28 May 2024
834 points (98.7% liked)

Comic Strips

12316 readers
1786 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 1 year ago
MODERATORS
834
True wealth (jlai.lu)
submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 5 months ago

IIRC an aspect of this is that earlier forms of trade and currency were more tied up in the personal relationships between the people trading and their culture, which makes for an impractical environment for a foreign mercenary with no local familiarity or trust to do business, hence the terrible power of gold's fungibility.