> or exchanging the wood for charcoal from someone who specialized in that
This is actually an interesting example of a market state that's sort of intermediate between barter and full monetization. Not everyone is going to want wood, making it a bad currency. Except that The Charcoal Guy always does want wood, so transactions that somehow involve him suddenly can use wood as currency.
This is actually an interesting example of a market state that's sort of intermediate between barter and full monetization. Not everyone is going to want wood, making it a bad currency. Except that The Charcoal Guy always does want wood, so transactions that somehow involve him suddenly can use wood as currency.