QM007 - Money Always Develops
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Hi All,
Today\\u2019s newsletter issue is about why a form of money will always naturally develop. In pre-money societies, systems of barter never lasted long. In fact, there are no records of any societies that operated entirely on a barter economy. That doesn\\u2019t mean barter didn\\u2019t exist though - it did, barter as the dominant method of exchange just never lasted very long. But how does a new form of money start? How do you get from barter to money?
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Thanks for listening!
Sean
https://twitter.com/seancover
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