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2026-03-24 02:34:09 UTC
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Strypey on Nostr: (1/2) 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦) > money is not ...

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> money is not created by the act of exchange

> money is different from barter, but also from credit

Exactly wrong. You're getting 'money' confused with *currency*. Which is indeed not created by exchange, it's issued by fiat of states, currently by trading banks on their behalf. Which does indeed make it different from barter (which emerges after money systems collapse, see Debt), and mutual credit, in which money *can* be created during exchange