3min chapter

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Debt: The First 5000 Years (Audiobook) David Graeber

Notus & Friends

CHAPTER

The Myth of Credit Money

The new age of credit money we are in seems to have started precisely backwards. It began with the creation of global institutions like the i m f, designed to protect not debtors, but creditors. On the kind of historical scale we're talking about here, a decade or two is nothing. We have very little idea what to expect. This book is a history of death then, but it also uses that history as a way to ask fundamental questions about what human beings in society are or could be like.

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