I often think about the fact that the objects we use to represent currency have no actual practical utility outside of their representation of “money”. But why did we begin using this system in place of exchanging good and services with one another? At what point did humans see fit that rounded metals and rectangular sheets of paper had an assigned representation of value that could be exchanged for goods and services?
In: Economics
It’s easier to trade small bits of metal where everyone agrees on a value instead of trading whatever unwanted, perishable, heavy stuff you happen to have.
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