Definition: Double Coincidence of Wants

January 24, 2020January 19, 2020Digital Citizen Leave a comment

There was never any true mass and long-term bartering before money came into to being. Money is also more relationship than economics or finance.

055 Double coincidence of wants – where two parties each hold an item the other wants, so they exchange these items directly without any monetary medium. How $ is about relationships, not #economics or #finance. https://t.co/4Kmprfep11

— Digital Citizen (@digitalcitizen) January 15, 2020

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