RE: Pyramid of Capitalism
November 22, 2011 at 11:09 pm
(This post was last modified: November 22, 2011 at 11:29 pm by reverendjeremiah.)
Last I checked many world transactions are based off of barter.
Said amounts of rice in exchange for said amounts of gold, said amounts of technology for said amounts of food...all based on the agreed upon transaction.
My apologies, I mistook what you meant as "medium of exchange". You obviously meant "medium" as "money".
I thought I made it clear that this was a typically NON monetary system
Said amounts of rice in exchange for said amounts of gold, said amounts of technology for said amounts of food...all based on the agreed upon transaction.
My apologies, I mistook what you meant as "medium of exchange". You obviously meant "medium" as "money".
I thought I made it clear that this was a typically NON monetary system