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RE: Fiat Money and its Consequences For Capitalism

in #money7 years ago

Funny enough, I remember I think in economics class we learned about this one culture where they used these huge heavy sandstone discs for money. I think maybe so it would be harder to steal money. So I guess different money systems have their advantages and disadvantages. Some are better at solving certain challenges associated with money, whether it be liquidity, making it harder to steal, making it easier to carry, etc.

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