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by ISL 2079 days ago
I have grain, Heather has cows, Sam has wood, Frank is elderly, Susan is a master carpenter, and Christian's kids need a larger house.

Finance is the glue that allows us to barter in parallel with the world and across time. It does enormous social good.

The alternative is going to the supermarket with some JavaScript to buy broccoli.

1 comments

You should read Debt: The First 2000 years. This is a common but wrong idea. Barter economies have almost never existed.