[lbo-talk] Goldbugs

Carrol Cox cbcox at ilstu.edu
Thu Sep 25 07:18:28 PDT 2008


Chris Doss wrote:
>
> I vote for going back to heads of livestock.

Heads of livestock was a notion used to evaluate but as far as I know never used as an actual medium of exchange. It is as though we were to measure value in terms of 1950 Packard sedans. We never exchange them (or even own them), but we say a commercial building is worth so many Packards.

Carrol



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