2) … re-trade-markable (melt, re-stamp), standard of weight and measure -THEREFORE STATES CAN PAY SOLDIERS.
And states can construct, defend, tax, and regulate MARKETS.
And POLITIES can increase economic velocity (reduce friction) by converting agricultural goods to money.
Source date (UTC): 2020-12-06 17:27:35 UTC
Original post: https://twitter.com/i/web/status/1335637020710940677
Replying to: https://twitter.com/i/web/status/1335637019620466690
IN REPLY TO:
Unknown author
–“What do you think made gold become money?”- Jeffrey Swann @AgoristView
1) Metal Commodity Money (money proper): scarce, non-perishable, universal signal good(luxury), consistent weight and volume, unitizable, countable, trade-markable (warrantable), …
Original post: https://x.com/i/web/status/1335637019620466690
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