ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

Why not start the day with a little political economy

For those of you new to the idea that money is primarily the result of private credit creation in the banking sector, here's a nice (concise) summary of the position, linking the history of money, the role of the state & the importance of banks credit creation activity.

The key point, is there is no 'natural' economy, only one made from rule/laws of exchange & state interventions.

https://theconversation.com/where-did-money-come-from-229481

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