Wednesday 26 June 2013

The numismatic to understand the financial crisis



The numismatic is a great field of study to understand the real economy …..  I love the  antic numismatic because coins had a true value and barter was often used by populations.

 If we have  current problems with credits and debt,  the ancient people had issues about the constant needs of physical gold and silver. 

The best method for a monetary system should have two classes : 

-    A class backed by a tangible  commodity (like gold or silver)
-    A class based on tokens or Tesserae (used in the former roman empire) for daily spendings.  

In fact, there is many ways to use to keep us out of the economic crisis, but the lack of education, egoism, individualism and the  short term views could sink us ….

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