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Money is what debt is often denominated in. Money being a good which is widely accepted for trade isn’t the same as an obligation. I may have dollars but that d
by alexmingoia 6y ago
Money is what debt is often denominated in. Money being a good which is widely accepted for trade isn’t the same as an obligation. I may have dollars but that doesn’t mean anyone is obligated to give me anything for them, and what they decide to trade for them is entirely up to them.