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Deconstructing Economic Paradigms: Insights on MMT and Marxism with Jonathan Kadmon

Varn Vlog

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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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