Debt: The First Five Thousand YearsSubmitted by whiskersoulstain on Thu, 02/26/2009 - 12:12
This excellent article shows a brief history of world monetary interactions while understanding the big picture. This history of markets, gold standard and credit are put in a larger context than usual. Anyone attempting to expand their knowledge might benefit from this.
Anthropologist David Graeber argues that it is only with a general historical understanding of debt and its relationship to violence that we can begin to appreciate our emerging epoch. Here he begins to fill in our historical knowledge gap
What follows are a series of brief reflections (part of a much broader work in progress) on debt, credit, and virtual money: topics that are, obviously, of rather pressing concern for many at the current time.
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