4 ms·
I don't think its so strange at all. Money eliminates the double necessity of wants bartering requires. For example, in a barter economy, a cobbler could only g
by jklein11 11y ago
I don't think its so strange at all. Money eliminates the double necessity of wants bartering requires. For example, in a barter economy, a cobbler could only get milk as often as a dairy farmer needs shoes. The fact that we trade money as opposed to goods allows people to develop specialized skill sets.
- andreabedini 11y agoAlso money is easier to store than favours
- h_o 11y agoBut perhaps not as valuable
- balabaster 11y agoDepends who owes you favours ;)
- revdrmlk 11y agoMoney is favors owed recorded on paper.