The ancient Maya of Mexico, Guatemala, Belize and Honduras were close keepers of time.

CNN: The Maya collapsed - could we?

He often went to buy tools with which to repair the ranch house, but he also passed the time of day chatting with the gardener, or with the keepers of the general store and the hardware store, whose livelihoods he diminished day by day, as he lengthened the accounts he had with each of them.

NEWYORKER: The Insufferable Gaucho

As I explained in a book I co-authored some time ago, in an environment like this bankers have grown up as abacus bankers, record keepers of money flows who derive income from seigniorage, from the passive creation of money through interest bearing-loans and government-backed securities rather than from true banking, and from active risk management.

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