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本帖最后由 doreadme 于 10-11-2014 10:46 编辑
【1】Inflation happened also in ancient times:
Recently I am wondering why the Wall Street (华尔街) plays such an important role onto the US policies and then onto the world, and why it's dominated actually by the Israelite tycoons.
I was told that I can not get a root answer without looking into the Israel from their very beginning. That's probably true as it matches to what we know in the field of network troubleshooting where you always need to track from the very end A to Z.
A couple of months ago, I started to pick up the book whenever possible, please allow me not to reveal its name here as it does not matter much on what I am going to tell today, though its name might be well known to you.
I didn't check out all the details as I am not always a good reader, honestly I just explore along the key words 'Israel' and see how was the '$' story going at that times , *_~
It' seems to me that the nations's economy was mainly bases on farming, herding and bartering. The book mentions market at city gate - "the Sheep Gate", the "Fish Gate" and " the Gate of the Potsherds". These names appear refer to the merchandise sold in each location. The book also mentions Jerusalem's "street of the bakers" as well as a number of trade goods. Interesting that in China, similar street names are still present in some cities like Xi'an which has longer history, yes you can google-map Xi'an city now and see how many 'funny' street names present.
What about prices? Prices naturally fluctuated through the centuries, and it is difficult to ascertain how much a particular commodity may have cost at a given time and place". Still, information from ancient sources shows that even back then, prices were subject to inflation. For example, slaves were commonly traded in antiquity.
It recorded that Joseph was sold for 20 silver pieces, which may have been shekels (=sheqel, 谢克尔, 古希伯来或巴比伦的衡量单位和钱币), probably the average price for a slave during the 18th century B.C.
Three hundred years later, he price was 30 shekels.
By the 8th century B.C., the price was 50 shekels.
Two centuries later, prices went as high as 90 shekels or more during the Persian period.
Apparently, rising prices are not just a plague of modern-day life. wow, I feel better now on my period - Oops sorry, I mean the modern-government-period.
I am still reading, hopefully I'll bring up more to our FreeOZies.
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