2024 FULL IG LIVE - DATASETS
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Evolution of Currency: From Bartering to Bitcoin
The chapter traces the historical progression of financial transactions from bartering to the standardization of currency with the introduction of coins, examining how it revolutionized trade and symbolized power. It also delves into the concept of fiat currency, exploring its impact on society, creation through loans, and implications on purchasing power. Additionally, it discusses historical attempts by leaders to challenge central banking systems with alternative currencies and warns of potential global events' impacts on inflation and product costs.
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