Saved by dane cads and
Chapter 1: What is Mutual Credit?
Use-Credits and investment
Social Enterprises providing value can receive investment without taking on debt or paying returns in cash. This paper shows how ‘use-credits’ manage risk at every stage.
docs.google.com
Credit Theorists insisted that money is not a commodity but an accounting tool.
David Graeber • Debt: The First 5,000 Years,Updated and Expanded
Anthropologists no longer accept that money originated to replace barter, as classical economists, including Smith, had maintained. There is no evidence for this barter-to-money myth. On the contrary, it seems likely that credit antedated money and that the earliest forms of credit bore interest.