Long Read: The clothing revolution
Ian Gilligan | 20 minutes
What if the need for fabric, not food, in the face of a changing climate is what first tipped humanity towards agriculture?
Snippets
So the physics-based limits on how light coins can get keeps infinite debasement in check. And because debasement is in check, new money can’t be created indefinitely, so inflation is in check.
But that game is about to get changed when governments and kings discover paper money.
- Paras Chopra, How money works
Chinese businessmen as a group were more superstitious than most, but that this didn’t seem to have much of an effect on their ability to run their businesses!
- Cedric Chin, The Chinese Businessman Paradox