• EOM Ch. 9 The Evolution of Money - From Commodity Money to Credit Money and Beyond

  • Jul 5 2024
  • Length: 54 mins
  • Podcast

EOM Ch. 9 The Evolution of Money - From Commodity Money to Credit Money and Beyond

  • Summary

  • www.beyondmoney.net

    The End of Money and the Future of Civilization (2024 edition)

    by Thomas H. Greco, Jr.

    Chapter Nine: The Evolution of Money - From Commodity Money to Credit Money and Beyond

    What We Don’t Know Is Hurting Us

    Economic Exchange and Interpersonal Distance

    Kinds of Economic Interaction

    What is Money?

    “The Ladder of Economic Civilization”

    The First Evolutionary Step—Barter to Commodity Money

    Commodity Money

    Symbolic Money

    The Second Evolutionary Step—From Commodity Money to Credit Money

    Redeemability Abandoned

    Checks and Checkable Deposits Displace the Use of Banknotes

    Gold Versus Credit Money—A Comparison

    How Credit Money Malfunctions

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