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Barter: Difference between revisions
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{{a|banking|}}{{d|Barter||n., v|}} | {{a|banking|}}{{d|Barter|/ˈbɑːtə/|n., v|}} | ||
In the absence of a common framework for exchange of abstract value, the exchange of one good | In the absence of a common framework for exchange of abstract value, the exchange of one good for another. | ||
In a particularly entertaining passage is particularly entertaining book, {{br|Debt: The First 5,000 Years}}, the late {{author|David Graeber}} addresses the commonplace wisdom that fiat currency grew out of a system of barter between “savages”. | In a particularly entertaining passage is particularly entertaining book, {{br|Debt: The First 5,000 Years}}, the late {{author|David Graeber}} addresses the commonplace wisdom that fiat currency grew out of a system of barter between “savages”. | ||
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{{Sa}} | {{Sa}} | ||
*[[Bitcoin]] | *[[Bitcoin]] | ||
{{br|Debt: The First 5,000 Years}} | *{{br|Debt: The First 5,000 Years}} | ||