• Money by Jacob Goldstein

  • 2021/11/07
  • 再生時間： 10 分
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Money by Jacob Goldstein

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  • Incas didn’t issue money because paying tribute was sufficient to decide when/where to distribute resources. Polis established the Agora to decide market prices which was an improvement from small town reciprocal bartering. Coin necessitated IOUs which became preferred currency. Federal reserve helped impel standardization of national currency, bitcoin, like U.S. dollar can be real with sufficient faithful following.
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あらすじ・解説

Incas didn’t issue money because paying tribute was sufficient to decide when/where to distribute resources. Polis established the Agora to decide market prices which was an improvement from small town reciprocal bartering. Coin necessitated IOUs which became preferred currency. Federal reserve helped impel standardization of national currency, bitcoin, like U.S. dollar can be real with sufficient faithful following.
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