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It necessarily has a unit of account, but you can undertake all kinds of transactions under a credit system with nobody involved exchanging, or intending to exc
by vundercind 2y ago
It necessarily has a unit of account, but you can undertake all kinds of transactions under a credit system with nobody involved exchanging, or intending to exchange, that actual thing (silver coins, goats, bails of flax, abstract “favors”, whatever)