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{{a|banking|}}{{d|Barter|/ˈbɑːtə/|n., v|}}In the absence of a common framework for exchange of abstract value, the exchange of one good for another. | {{a|banking|{{image|iphone barter|jpg|}}}}{{d|Barter|/ˈbɑːtə/|n., v|}}In the absence of a common framework for exchange of abstract value, the exchange of one good for another. | ||
In a particularly entertaining passage of his 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 of his 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”. | ||