What Arises “Ideal Money”: Jewlerly and Fashion, Gold and Shells, and Beaver Hats

The expansion of hunting for trade with Europe accelerated the decline of the beaver population. By 1640 the animal had largely disappeared from the Hudson Valley. Historian-editors of American Heritage Magazine[2] have argued that the growing scarcity of the beaver in the lands controlled by the Iroquois in the middle 17th-century accelerated the wars. The center of the fur trade shifted northward to the colder regions of present-day southern Ontario, an area controlled by the Neutrals as well as by the Hurons – the close trading partners of the French. The Iroquois, displaced in the fur trade by other nations in the region, and threatened by disease and with a declining population, began an aggressive campaign to expand their area of control.

With the decline of beaver, the Iroquois began to conquer their smaller neighbors.

~http://en.wikipedia.org/wiki/Beaver_Wars

We often attribute much of Gold’s value and price to the idea that people “want” it.  And that this want shows up in the form of things such jewelery.  But this circular argument doesn’t yet explain why people might want a gold necklace for example, especially since gold is not at all a very shiny metal (that might please the eye). What is it that makes certain “commodities” an ideal jewelery? What is the purpose of this phenomenon?

In order to understand this we might first understand the general collective of society to be not as “savvy” as the individuals that make up the average.  This might suggest then that the outward appearance of wealth creates the perception of a wealthy individual.  Someone who wears a lot of shells or bead in a society where shells and beads are used as money, would naturally appear to be wealth whether they were wealthy or not.

The busy trade in beaver pelts was a fundamental factor in the exploration and early settlement of Canada. The Hudson’s Bay Company, which was founded in 1670 and is still in existence, made its fortune through this trade. For its role in Canada’s early economic development, the beaver has been honoured with a depiction on the Nickel (Canadian coin).~http://en.wikipedia.org/wiki/Beaver_hat

We might consider this conjecture in relation to what arises the ideal parameters for “money” which naturally facilitates are more ideal barter between parties. If for example shells are to arise as the new money or currency there must be then the ideal amount of shells, since too little or too many might not have the correct scarcity to facilitate its role as a useful means of exchange. This would be equally true of someone could “print’ or “grow” any amount of money they chose.

Beaver pelts (and other animal types) for example might have had these properties at one time, but we tend to see this from the perspective of the fashion trend that raises the value of the pelts rather than the perfect scarcity creating and ideal facilitator of trader, and ultimately then working its way into the upper class as a sign of “wealth”.

The popularity of the beaver hat declined in the early/mid-19th century as silk hats became more fashionable.

We can then think of the “idealness” of each of these facilitators of trade and understand why money might arise as shells or metals in different civilizations that seemingly haven’t ever had connection with each other. Water then, as the most abundant substance available to humanity, is simply the universal provider of such monies in the form of shells. Shells might be used on different ends of the earth simply because water is universal to the continents.

If we can understand the comparison of bitcoin’s monetary foundation/block chain to the pyramid building scheme, and if we understand wealthy nations naturally arise near great sources of water and travelways (for foreign commerce and trade), then it might make perfect sense that different civilizations, not otherwise connected, might each arise pyramids structures eventually (and usually), as a foundation to an evolving monetary foundation.

The Roman Empire knew of and traded in silk, and Chinese silk was the most highly priced luxury good imported by them.[17] During the reign of emperor Tiberius, sumptuary laws were passed that forbade men from wearing silk garments, but these proved ineffectual.[25] Despite the popularity of silk, the secret of silk-making only reached Europe around AD 550, via the Byzantine Empire. Legend has it that monks working for the emperor Justinian I smuggled silkworm eggs to Constantinople in hollow canes from China. All top-quality looms and weavers were located inside the Great Palace complex in Constantinople, and the cloth produced was used in imperial robes or in diplomacy, as gifts to foreign dignitaries. The remainder was sold at very high prices.~http://en.wikipedia.org/wiki/Silk

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