November 9 2020 | Modern Money Theory: Week 1 | Back Next |
The peasants have delivered meat, grain, produce to feudal lords
Payment in kind, not in currency
They gather to trade their surplus potatoes, chickens and leather handicrafts.
I grow potatoes; I want to bring home some chickens
You raise chickens; you want to bring home some potatoes
A Monty Python interlude riffing on "po-tay-toes" versus "po-tah-toes"
continued...
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