> but nowhere in these lines does author elaborate how would those countries fare if they weren't offered credit in first place. For one, in many/most economic

> but nowhere in these lines does author elaborate how would those countries fare if they weren't offered credit in first place. For one, in many/most economics textbooks you have the story (fairy tale?) of cultures going from barter to currency (special rocks, shells, etc). There is no sociological or historical record of a culture doing this. The point is reiterated in Money.