I wonder if Benjamin franlkins History of using printing to revolutionize different industries and spread ideas had any influence on his thoughts about printed money vs gold or other
You are viewing a single comment's thread from:
I wonder if Benjamin franlkins History of using printing to revolutionize different industries and spread ideas had any influence on his thoughts about printed money vs gold or other
His expertise in printing books definitely relayed over to his seeing the utility of paper money. He knew how to make it hard to replicate, and he understood the political infrastructure needed to get people to trust it. I'm sure (after learning from the video) that Franklin would have pushed for paper money over gold.
That question of infrastructure and trust has been on my mind since the @sndbox post in the nature of cryptocurrency. Lots to think about here!