It's very difficult, in my recollection of Graeber's 5,000 Years of "Debt"[0], to find a period of time "before fiat currency," during which "loaning someone mo

It's very difficult, in my recollection of Graeber's 5,000 Years of "Debt"[0], to find a period of time "before fiat currency," during which "loaning someone money" was even possible. As I recall, what we recognize as currency has been, throughout most of history, minted exclusively by states in order to furnish armies. Before that, what passes for currency doesn't, largely, function in any way analogous to our use, today. 0. https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years