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It feels like we're all under the yoke of debt, beholden to bankers who can buy off politicians and sue their way to success. Schaefer's work offers a powerful reminder that the financial system is ultimately flimsy and fake. It's a massive structure but one built literally from paper that can quickly succumb to fire and other natural forces.
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Jan 26, 2024

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Idc about investing but those fuckers always eat shit so hard, it’s like watching the guy from the lorax fall down a flight of stairs
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Changed my perspective on so much--namely money and history. It's shocking how so much of the mainstream story of where money came from is false conjecture. For instance, we are told that societies start out bartering for goods and then develop money to make trade easier... but actually Graeber shows in no society has bartering ever predated coinage. The actual ways societies have historically dealt with exchange of goods and services are diverse and often more humanistic. Could it be that the mainstream narrative is merely justification for the inevitability of the free market? πŸ€” Definitely want to re-read because there's lots more too
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an obscenely wealthy family begins construction on the largest house in america months before the 2008 economic crisis ruins them financially 10/10
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