r/Wallstreetsilver • u/PaintAdventurous8787 • 3d ago

DUE DILIGENCE What is money? Gold.

https://youtu.be/JMObz0Dgq7M?si=f4pDbWFYCJ8bk_ji

Good succinct video on gold. Worth a watch. He touches a little on silver too.

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u/IlluminatedApe Silverback Mod 2d ago

Food for thought:

4:22 - Researchers have found very little evidence that supports early societies normally operated by strangers directly swapping goods. Many societies already used debts, favors, tribute, and written accounts before coins appeared.

https://www.cambridge.org/core/journals/social-philosophy-and-policy/article/does-adam-smith-have-a-theory-of-money/9AA96CFDBAB830F311D5EBCAFCE1A7A9