Braydon Fuller @Braydon Fuller - 9d
This is a classic book at the foundation of the Austrian school of economics and still relevent after 151 years! Highly recommended! "Money is not an invention of the state. It is not the product of legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state." — Principles of Economics by Carl Menger (pp 261-2) https://image.nostr.build/19a38defd03284c87010577eaeeadee516b79ff76f11febd0e7da9b04bf97109.jpg Available in a translated reprint at: https://store.mises.org/Principles-of-Economics-P239.aspx
Saifedean has the most clear explanation of that using an analogy of crops and available seeds (can't just make believe inventory). Does seem like it gets a lot of attention when there is a lot more interesting areas to study.
