History tells us that the first paper currencies were notes payable (redeemable) in gold or silver, or, mere warehouse receipts for stored gold. Over the years, it became obvious that it was easier to simply exchange the receipts after a transaction than go to the warehouse with the receipts to get the gold and silver. [...]
July 19th, 2007 | Howard Ruff | 5 comments | Continued Our DR Global Editions: 
Sunday, November 08th, 2009
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The Markets
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Nzx 50 Index Gros 3160.16 +15.66
DJIA 10023.42 +17.46
NASDAQ 2112.44 +7.12
S&P 500 1069.30 +2.67
Ftse 100 5142.72 +17.08
2009-11-06 00:47 Most Comments
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It's surreal ... Like trading trading stocks and currencies and cow bells! Which is why silly old buggers like me ...
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This is the sort of stuff sites that publish controversy have to put up with. It's a credit to the ...
Dan | 8Nov09 | More -
Ned S's muliply on this site I see. I would have thought one was enough of them myself? But there ...
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Hello Bargeass! My sister-in-law is a migrant. And so is my fiancee. And over the next 35 years there are ...
Ned S | 8Nov09 | More -
Inflation is already and getting higher only the naive and deluded believe otherwise.
bargeass | 8Nov09 | More -
Australia's overvalued property is on borrowed time as the socialist, nanny state, land rationing policy will eventually be dumped and ...
bargeass | 8Nov09 | More -
"The poor object to being governed badly, while the rich object to being governed at all." G. K. Chesterton
Dan | 8Nov09 | More -
Gidday Ross. Number 4 sounds best but not betting on it.
Lucky the email was in my deleted items box for ...
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This is why moderators are needed in a public forum such as this.
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" I rarely see the need to use smiley emoticons." :(
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It's surreal ... Like trading trading stocks and currencies and cow bells! Which is why silly old buggers like me ...
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