L. Randall Wray Quote

It has long been speculated that money predates writing because the earliest examples of writing appear to be records of monetary debts—meaning that the closely intertwined chronology of the development of writing and money will make it impossible to find a written history.


L. Randall Wray, The Credit Money, State Money, and Endogenous Money Approaches: A Survey and Attempted Integration. (2005)

Picture Quote 1

It has long been speculated that money predates writing because the earliest examples of writing appear to be records of monetary debts—meaning...

Picture Quote 2

It has long been speculated that money predates writing because the earliest examples of writing appear to be records of monetary debts—meaning...

Picture Quote 3

It has long been speculated that money predates writing because the earliest examples of writing appear to be records of monetary debts—meaning...

Picture Quote 4

It has long been speculated that money predates writing because the earliest examples of writing appear to be records of monetary debts—meaning...