Gregory Gundersen personal blog

The Hierarchy of Money

Money. The villagers are tired of bartering. The dairy farmer wants to buy corn, even when he does not have milk to trade, and the corn farmer wants to buy meat, even when the butcher does not want corn. So they decide that special gray stones that they can collect from a nearby riverbed will represent an abstract…
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Tech Industry & BusinessSociety, Policy & Culture2026

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Sep 20, 2026The Hierarchy of Money by gwgundersen187102

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