this post was submitted on 02 Dec 2024
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[–] [email protected] 20 points 2 weeks ago (1 children)

Historically, debt existed before money existed. But that only works in a framework where people can trust eachother to repay the debt.

[–] jwiggler 11 points 2 weeks ago (1 children)

Debt: The First 5000 Years by David Graeber is a cool book about this whole topic

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

I also liked Economics of Money and Banking, a course by Prof. Mehrilng of columbio university, which is available through coursera (1).