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A comment on A quick breakdown of what SWIFT is and why it matters. Parent comment
This idea of commodity money is far detached from how it actually works. Thread has several good links if you want to learn how it actually works.
What is the reason behind so many people believing this? Do they teach it like this at school? (This resurfaces everytime money is discussed here)
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This idea of commodity money is far detached from how it actually works. Thread has several good links if you want to learn how it actually works.
What is the reason behind so many people believing this? Do they teach it like this at school? (This resurfaces everytime money is discussed here)