Quote:
For the RPG 'An Audience with the King' words like 'seed money' and 'upfront investment' come to the tip of my tongue (well, really the tips of my fingers ) but they aren't of course relevant here. I don't know enough about the rise of the capitalist system in early modern Europe to be able to write about the developing trading alliances in the early IV Age.
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Logically, since middle-earth in the first years of fedualism, I would say barter trade would be the popular form of economic trade. The use of gold and precious metals in the form of coin is a easy way to go about it.
I feel middle-earth would have a combination of both, one dominating in one area more then another.
Eol