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Posts Tagged ‘kindle owners lending library’

Dragons AheadThe 14th century was a seriously bad time marked by The Black Death and The Hundred Years’ War. After the plague, to combat┬áthe wage inflation caused by there being 30-50% fewer folks standing around, the nobility said, “Sure, I’ll pay you twice what I used to pay you,” and then they turned around and devalued the coins they used. Thus, even though you were now paid 6 sous each day, with their value cut in half they’d only buy you 3 sous worth of goods. Complain as you might, you were powerless to change it.

Amazon is like that. No, not like the Black Death. Like medieval nobility. (Though you could make an argument for the Black Death, too.)

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