1,1 15,14▚1,1 1,14▛▙▛▙14,1▟14,14 14,15▙15,14▟15,0▜▜0,15▛0,0 15,0▚ 0,15▟0,0 0,15▙14,1▚1,14▜1,1 14,1▟1,14▛▌1,0▐0,1 1,14▛15,14▚1,14▜1,1 1,14▟1,1 1,14▟14,1▜14,14 14,15▀ 15,0▜0,15▙▛▛0,0 0,15▜0,0 0,15▟0,0 0,15▛0,0 0,15▟15,0▌0,15▛▙▀15,0▌▙14,15▟1,14▟▟▙1,1 1,14▙14,15▚1,14▐0,1 Money is not an invention 1,15▌1,14▟1,1 1,14▟1,1 14,1▜14,15▛15,0▛0,15▀0,0 0,15▙▙▜15,0▚ 0,15▙▌▛15,0▚▚▚15,14▛ 1,14▜1,1 1,14▌15,1▌0,1 of the state. It is not 1,15▌1,14▙1,1 1,14▙▛14,1▜▛14,15▌15,1▀▀15,14▀15,0▚0,15▜0,0 0,15▟15,0▀0,15▚▀▙0,0 0,15▙0,0 0,15▛15,0▀▀0,15▚▛15,0▜0,15▌15,14▙14,1▙1,14▟▛1,1 1,14▙1,1 14,15▙0,1 the product of a legis- 1,14▙14,1▚ 1,14▙14,1▚1,14▙▚▀▜▜▙▙15,1▀0,14▀0,15▀▌▀▀▀▛▜▀▀▀▛▜▜▛▚▚15,0▟15,15 14,14 14,1▌ ▚ 0,1 lative act. 1,1 1,15▄14,1▚ 1,14▙1,1 14,1▌ 1,14▜14,1▀14,15▙15,14▀▀14,15▟14,1▚1,15▀1,14▟14,1▜14,15▌15,14▟▛14,15▟▙1,15▄14,1▛1,14▌▙14,1▀▛15,14▀15,0▙▚▚▜15,15 14,1▛1,14▜1,1 1,14▛▌▜0,1 1,1 15,1▐14,1▚ 1,14▌14,1▌ 1,14▛14,15▞1,1 1,14▜▙1,15▛14,1▌1,15▄14,15▛1,14▙15,14▞15,0▛0,15▟0,14▄14,1▙1,14▞14,15▙14,1▜14,15▙15,14▛▜14,0▀14,14 15,14▀15,0▟0,15▚15,0▛14,1▚ 1,14▌15,1▛ 0,1 Even the sanction of pol- 1,1 1,14▌▄1,1 1,14▟1,1 14,1▀▛14,15▟14,1▜14,14 1,14▚14,15▙▀0,15▟▌14,0▀14,1▞14,15▜14,0▚0,15▜0,0 14,15▀15,14▙1,14▜14,1▙ ▚1,0▀14,15▚0,15▚14,14 15,14▜15,0▙0,15▟15,14▚1,1 14,0▛1,14▟0,1 itical authority is not 1,1 1,0▌1,14▀▛▛1,1 1,14▟14,1▌▟14,0▄▜14,15▙15,14▐0,0 15,0▀▟▙14,0▚14,14 0,14▐0,0 0,14▌14,15▌ 15,0▀▛0,15▟▙0,14▄0,1▟0,14▄15,14▟15,0▙0,15▜15,14▙1,14▟1,1 1,14▛▛▛14,15▚0,1 necessary for its exis- 1,1 1,15▙14,1▚1,14▜▜1,1 1,14▟▟ 14,15▌14,0▚0,15▚15,0▀0,15▟▙▟▞14,15▟15,1▐15,0▙ 0,15▙15,0▜15,15 15,0▚▚0,15▟15,0▌▀14,0▞15,15 15,0▀0,15▌ 14,1▌14,14 15,0▌0,15▚15,14▀1,15▐0,1 ence. 1,1 15,14▚14,1▛1,14▚1,1 1,14▙▌▌ 15,14▀14,15▜14,14 15,14▀▀▀ 14,15▙0,15▀0,0 0,15▛0,0 15,14▜15,0▛0,15▟▟0,0 0,15▀15,0▜▌▜▟15,14▌1,14▙ 14,15▀14,1▟1,14▌0,1▌ 1,1 1,15▙14,15▛14,1▟ 1,14▙14,1▀▛14,14 14,15▛15,14▌▌14,1▜▜14,14 15,0▟ 0,15▛▛▛▀▜15,0▙15,14▚▙15,15 0,15▚15,0▌0,15▚ 15,14▌1,14▞▀15,15 15,0▜15,14▌14,15▌1,14▟0,1 Certain commodities came 1,1 1,14▙15,1▌1,14▜1,1 1,14▙▌14,1▟▀14,15▛15,14▙14,1▄1,14▟▟▙15,14▜0,15▜0,0 15,0▟0,15▀15,0▟▟0,15▙15,0▜15,15 15,0▟▙15,15 14,15▌14,1▙14,15▌▀15,14▚15,0▙▀0,14▚0,1 to be money quite natural- 1,1 1,15▙14,1▚1,14▜1,1 1,14▛1,1 1,14▚ 14,15▚15,14▟ 1,1 1,14▙14,1▀14,15▐14,1▌1,14▙0,15▄▚ ▜ 15,14▛▚▀14,15▙14,1▟15,15 15,0▞14,15▛15,14▌0,14▐1,0▐0,1 ly, as the result of eco- 1,1 15,14▚1,1 1,14▛▟14,1▜▜14,15▙▚▞14,1▚1,14▛1,1 1,14▚14,15▙ 0,15▟15,0▛▟15,15 15,0▟15,15 15,14▌▚14,15▟▟14,14 14,1▜15,15 15,14▙0,15▌▌1,14▄0,1 nomic relationships that 1,1 1,0▌1,14▟1,1 1,14▟▛14,1▜▜▀1,14▟1,1 14,1▌1,14▛14,1▙ 14,14 14,1▀14,15▙ 15,0▐▟15,15 15,14▌ 14,1▛▛14,15▙15,14▜15,0▛15,14▀1,14▟0,1 were independent of the 1,1 1,15▌1,14▐1,1 1,14▙1,1 1,14▜▜▟▛▚14,15▚14,1▜1,15▄14,14 14,1▜14,15▚14,14 14,15▙14,14 14,15▙14,1▛▟1,14▙▙▙14,0▛14,15▀1,15▟0,1 power of the state. 1,1 14,0▐1,1 1,14▙1,1 1,14▜▛▀▛▜▙1,1 14,1▛▜▚▜1,14▟▚14,1▌1,14▜▟15,14▌1,1 1,1 14,15▐1,14▜1,1 14,14 15,15 15,14▐15,0▛14,15▀14,14 1,14▟1,1 1,14▙1,1 1,14▜1,1 1,14▛1,1 14,1▟0,1▌0,1 - Carl Menger 1,1 15,14▛1,14▟1,1 1,14▛1,1 14,1▀14,14 14,1▜▜▟▙1,14▟1,1 1,14▟1,1 1,14▛14,0▚1,1 0,1 1,1 1,14▛14,0▚1,14▟1,1 1,14▚ 14,15▚14,1▛1,14▚14,1▚▛▌ ▞1,0▐0,1 "The Nature and 1,1 1,14▀14,15▌1,14▟1,1 14,1▌1,14▟14,1▚14,14 1,14▀14,1▜1,14▛14,1▌1,14▜1,1 1,14▌15,14▚0,1 Origin of Money" 1,14▛1,15▀14,15▌1,15▟1,1 1,14▟1,1 1,14▟▀1,1 1,14▜14,1▌▄▙▛▙▚ 1,14▙▚▜1,1 1,14▛14,1▟0,14▌1,1 15,1▀ 1,14▛▛14,1▛1,14▚14,1▚▙▛1,14▀14,1▟1,14▙1,1 1,14▙1,1 1,14▀14,1▞15,14▞1,14▜1,1 1,1 1,14▙1,1 1,14▟▀▜14,1▀1,14▙10,1 https://mises.org/library/nature-and-origin-money