Debt: The First 5,000 Years Site

: Global trade fueled by New World gold and silver.

: Coinage and slavery rose alongside large standing armies. Debt: The First 5,000 Years

: Virtual credit money dominated.

: Graeber explains how the phrase "surely one has to pay one's debts" acts as a moral bludgeon, making even the most predatory or violent relationships seem fair and unremarkable. The 5,000-Year Cycle : Global trade fueled by New World gold and silver

: Words like "guilt," "sin," and "redemption" were originally used to describe financial obligations and their resolution. 000-Year Cycle : Words like "guilt