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erulabs | 4 months ago

Rice makes quite a good currency, especially if you only have one primary cultivar. It's relatively fungible and dried white rice more or less lasts forever without spoiling. It's quite nice it has the side effect of also literally being food. If rice had been common in Rome, we might still be paying taxes in rice.

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dluan|4 months ago

It's still used for bribes in Japan, where earlier this year the agriculture minister was sacked for receiving gifts of rice in the middle of a nationwide rice shortage. His replacement still has an outside chance to become the next prime minister.

jama211|4 months ago

Surely that was somewhat of a once off, bribes in Japan are usually money like anywhere else, this is an extremely atypical exception

vkou|4 months ago

> we might still be paying taxes in rice.

As long as the largest form of economic activity was agriculture, and access to hard currency was limited, people were paying taxes with food (or labour in their landlord's fields).

We pay taxes in money because we have a diversified economy, where 90% of us are not subsistence peasants, and the money supply & availability of banking is large enough that we (or our employers) have cash on hand.

fluoridation|4 months ago

>We pay taxes in money because we have a diversified economy

It's all a fiction, though. Ultimately wealth can be translated to very raw things, like energy, space, and time. Using rice as currency is not too different from using Joules as currency, as it's ultimately just captured and stored solar radiation. The issue with using food as money is not that the economy is diverse, as it's ultimately for the most part powered by people eating. The issue is that if you spend money to make a km^2 of land usable for factories that produce, say, semiconductors, that's not exactly translatable to tons of rice.

charlieyu1|4 months ago

Rice is also literally power, a warlord’s strength is limited by the rice he has