1636-1637 - Tulip speculation cripples the economy of the Netherlands. Speculators go broke after the price of a single bulb reaches into the thousands.
Ancient Rome - Salt used to pay wages and settle debt.
Primitive money - In most areas there is something that almost all people value and is hard to come by. In times past, palm oil, cola nuts, dried fish, tobacco, beads, grains animal skins and shells were all used as legal tender.
The above link tells of the "Foreclosure King" Odell Barnes.
While banks are crying for handouts, Odell is buying foreclosed homes, making money and helping the community.
Our economy is not as bad as those in power will tell you. It's just the modern day Tulip Speculators that are whining and forcing their pain on the masses. Everything you own still has value.
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