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2min chapter
Deconstructing Economic Paradigms: Insights on MMT and Marxism with Jonathan Kadmon
Varn Vlog
The Origins of Currency
Most societies do not actually ever develop currency from barter, not internal to themselves. And if there was a unit of something like commodity money it was usually to trade between cities not within them. Charles can nap is the first to to really come with a theory although he accepted the barter theory in us in England. But then later anthropological studies verify that we have basically an internal gift economy and a debt credit economy.
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