CBDCs Would Reverse 700-Year Tradition of Property Rights.

Today we are going to go back in history to see how the Western tradition of money and property evolved.

We will look at how Aristotle came up with the definition of money and how he also considered money the property of the prince, king, or emperor.

It was not until the late Middle Ages that the Western tradition of property rights started to be applied to money or gold and silver coinage via the writings of Nicole Oresme in the 14th century.

Adam Woodhouse's analysis of Nicole Oresme's "De Moneta": https://www.journals.uchicago.edu/doi/pdf/10.1086/689839

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