A long time ago - before there was ‘money’ in the form of national currencies, there was credit. Specifically promises, commitments, agreements, vouchers, IOUs, and in general trust. These older forms of credit are still all around us! We interact with credit in so many ways in our life – they might as well be the invisible air we are breathing. But once you start learning to spot credit you will seeeeee it everywhere.
Articles tagged with credit
By Will Ruddick
The Emperor Has No Clothes
A middle path toward salvaging credit money from the ruin of politicians and downright bad actors without creating commodity whales.
