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Economies can work without currencies. It's a little inconvenient, but bartering/trading goods for services was common in the depression when nobody had any cas
by SoftTalker 1y ago
Economies can work without currencies. It's a little inconvenient, but bartering/trading goods for services was common in the depression when nobody had any cash.
- amatecha 1y agoInterestingly, new ad-hoc currencies pop up all over in times like that: https://www.armstrongeconomics.com/history/europes-economic-history/alternative-currencies-of-the-great-depression/ https://www.armstrongeconomics.com/history/europes-economic-... https://collectingpapermoney.spmc.org/wiki/Scrip_Issued_during_the_Great_Depression_of_the_1930s https://collectingpapermoney.spmc.org/wiki/Scrip_Issued_duri...
- scotty79 1y agoPrinting money is lucrative for the printer so any time it might get even a little bit useful and feasible for other parties somebody will start printing.