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Aside from being of the Founding Fathers of the United States, Franklin was a notable inventor and an early advocate for paper money.
Imagine buying an iPad with a bag of silver, or riding a cab and giving commodity money - a bag of salt or tobacco - in exchange. Inconvenient, you would think. But this was how trade was like prior ...
And all of those rules are really interesting and have interesting sort of social context and social consequences. On the invention of paper money ...
Is it accident that most money now doesn’t even exist as paper? What does it mean that so much of the ritual and choreography around this asset is fading?