YAP STONE MONEY ARTICLE Público Deposited
The E-Sylum: Volume 7, Number 14, April 4, 2004, Article 25
YAP STONE MONEY ARTICLE
Steve Pelligrini writes: "There is an article in this month's issue
of 'Archaeology' on the stone money of Yap. It was written
by Scott M.Fitzpatrick, a young archaeologist who traveled
to the Island of Yap to research his story. The article is quite
thorough covering the history, manufacture, denominations,
uses of this most unusual form of coinage. For me the best
part of the article chronicles the decline of the great stone
disks as a store of wealth. This was brought about by an
entrepreneurial Irish-American sea captain - a prototype of
the 'Ugly American. It seems inflation was the culprit in this
Micronesian economic saga as it has so often been in our
own economic story."- 2004-04-04
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