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11min chapter
The Real Origins of Money with Natalie Smolenski SLP538
Stephan Livera Podcast
Evolution of Money and Settlement of Debts
This chapter explores the origins of money and its evolution from barter to a commodity-based accounting system. It discusses the role of gold and silver as saleable commodities and delves into the concepts of payment and settlement in debt transactions. The chapter also examines the importance of justice systems in ensuring satisfaction for both creditors and victims, highlighting the potential breakdown of trust in justice institutions and the implications for debt settlement.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode