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I am familiar with the credit-theory of money as opposed to the debt-theory which we currently use. David Graeber explains it in Debt: The First 5,000 Years[1],
by laotzu 11y ago
I am familiar with the credit-theory of money as opposed to the debt-theory which we currently use. David Graeber explains it in Debt: The First 5,000 Years[1], for anyone interested in further reading.
[1] https://libcom.org/files/__Debt__The_First_5_000_Years.pdf https://libcom.org/files/__Debt__The_First_5_000_Years.pdf
- branchless 11y agoYeah I've not read that yet, learning french to pass an exam to get Quebec residency so I can escape the hellish UK rentier paradise. Once I've passed I'm hitting those economics books!