Category: Finance
The manipulation of money, debt and credit to facilitate a monetized economic system.
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What is money, debt, credit and wealth?
To get a fundamental understanding of these topics we need to delve into the history of debt. And one of the most influential writers of this history, from the perspective of the Left, is Professor of Economic Anthropology, Dr. David Graeber. In one of his most influential books, “Debt”, The First 5000 Years, Dr. Graeber provides a well thought out argument of how debt was the very first form of exchange of value between humans.