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by akimball
1403 days ago
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The attachment of provenance to an item makes it non-fungible, removing it's moneyness, until and unless that history can be removed. Just-so stories based on implausible premises -”didnt have surplus labor" lol- are conspicuously unpersuasive. |
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Versus stories about neutral money?
Insufficient labor is a hypothesis. The archaeological evidence is engraved clay and stone markers. Long-distance trades settled with commodities. Bullion being traded between kings and kingdoms, seldom by merchants, and abandoned stores of value holding jewelry, precious stones and spices.
International trade in multipolar worlds does fine without a "neutral" money.