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ECoNomY rule (lemmy.blahaj.zone)
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[-] Aesthesiaphilia@kbin.social 53 points 1 year ago

Money is nothing but a bunch of IOUs to make bartering easier.

[-] Disk@sh.itjust.works 10 points 1 year ago

There is no evidence that bartering was a precursor to currency, in fact the opposite is more likely the case. Bartering is used by people who already have an understanding of currency when they don't have money to use.

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this post was submitted on 18 Jul 2023
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