Search Results for alternative currencies

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... Empty your wallet or purse. What do you see? You probably see all manner of alternative forms of money, from loyalty cards to coupons, and records of prior relationships, like receipts. Some of these seem trivial, but may represent a kind of private, nonstate currency—a challenge to the state’s...

... This chapter provides an alternative account on the origins of money. It suggests two revisions to the long-held belief that money originated due to the inconveniences of barter. First, money is more properly understood as a recording device than as a valuable token used to equilibrate values...

... government. In consistent liberal vein, he also opposed state regulation and taxation, state control of mineral purchasing, as well as the early republican state’s debased silver currency (moneda feble) , a monetary policy that sought to protect domestic production and foment internal trade. Aramayo...