2min chapter

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Debt: The First 5000 Years (Audiobook) David Graeber

Notus & Friends

CHAPTER

The History of Money

Money has existed in that part of the world for thousands of years. The puctun men who like to swap bicycles for donkeys are hardly unfamiliar with the use of money. People continued keeping accounts in the old imperial currency, even if they were no longer using coins. Employers in smith's day often lacked coin to pay their workers. Wages could be delayed by a year or more. It was considered acceptable for employees to carry off either some of their own products or left over work materials such as lumber and fabric.

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