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Post
2172090
Topic
194827
Board
Economics
Re: Fractional Reserve Banking and the creation of the Debtcoin
by
townf
on
16/05/2013, 19:11:05 UTC
Quote from: myrkul on May 16, 2013, 07:03:28 PM
Quote from: townf on May 16, 2013, 06:54:12 PM
I would say it is older than Machiavelli.
You
could
say that, but you would be wrong.
https://mises.org/document/1092/Myth-of-National-Defense-The-Essays-on-the-Theory-and-History-of-Security-Production
But not de facto wrong. Groups had effective monopolies on force before machiavelli, he just merely observed the phenomenon and explained it, he didn't invent monopolies on force, is all i'm saying. I haven't read the link yet.