A Brief (Though Inaccurate) History Of Money
Posted: Mon Sep 05, 2016 1:23 pm
...by Patrick O’Shaughnessy:
If the entire history of Homo sapiens was represented by a
24-hour clock, money would only have been around for the last
18 minutes. Because it connects people, it is arguably humankind’s
most important invention, up there with the printing press and
the internet. This is a brief primer on the history of money
and why money today is like a seed: planted it will prosper,
un-planted it will wither. First, I created the below timeline
to give a very brief overview of major money milestones. Then
I dive deeper into the history of money and the implications
for our future:
http://investorfieldguide.com/history-of-money/
If the entire history of Homo sapiens was represented by a
24-hour clock, money would only have been around for the last
18 minutes. Because it connects people, it is arguably humankind’s
most important invention, up there with the printing press and
the internet. This is a brief primer on the history of money
and why money today is like a seed: planted it will prosper,
un-planted it will wither. First, I created the below timeline
to give a very brief overview of major money milestones. Then
I dive deeper into the history of money and the implications
for our future:
http://investorfieldguide.com/history-of-money/
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