Hacker News new | past | comments | ask | show | jobs | submit login

How did they agree on what the exchange rate should be? From my understanding, the answer was almost always plunder among the primitive societies or a tyrant/king enforcing a monetary system. There was really no bartering amongst equals across communities.



Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: