Historical and Current Backgrounds

Burkhard Wehner ()

Chapter Chapter 1 in Towards the Next Revolution in Central Banking, 2021, pp 1-18 from Springer

Abstract: Abstract The invention and dissemination of money in its early manifestations was as ambivalent an affair as most revolutionary technological innovations. The most obvious benefits of money were that trade transactions were easier to calculate, that wealth could be formed more easily, and that the social division of labor could unfold more thoroughly.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-85766-0_1

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DOI: 10.1007/978-3-030-85766-0_1

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