Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

no_hypocrisy

(49,924 posts)
1. But is it really "money" if it's objects?
Fri Jan 22, 2021, 06:25 AM
Jan 2021

Money denotes bills and coinage.

These are objects, which made it a trade, but not money. More like barter, which is an exchange of goods or services without money.

I beg to differ with the Professor, that while organized and standardized, either it's money or it isn't.

Barter: https://mint.intuit.com/blog/personal-finance/guide-to-the-barter-economy-the-barter-system-history/#:~:text=A%20barter%20system%20is%20an,long%20before%20money%20was%20invented.&text=The%20value%20of%20bartering%20items,is%20one%20of%20the%20advantages.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Culture Forums»Anthropology»Earliest form of money fo...»Reply #1