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Debt: The First 5000 Years (Audiobook) David Graeber

Notus & Friends

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The History of Money

A history of debt, then, is necessarily a history of money. When economists speak of the origins of money, for example, debt is always something of an afterthought. The alternative to a monetary economy is barter people exchanging goods and services for other goods and services directly,. instead of exchanging via the medium of money. How does a barter system work?

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