6 quotes
Money is accordingly, a system of mutual trust, and not just any system of mutual trust: money is most universal and most efficient system of mutual trust ever devised.
Sapiens: A Brief History of Humankind (2011)
Money has been essential both for building empires and for promoting science. Neither modern armies nor university laboratories can be sustained without banks.
Sapiens: A Brief History of Humankind (2011)
The sum total of money in the world is about $60 trillion, yet the sum total of coins and bank notes is less than $6 trillion. More than 90% percent of all money - more than $50 trillion appearing in our accounts - exists only on computer servers.
Sapiens: A Brief History of Humankind (2011)
Money... is most universal and most efficient system of mutual trust ever devised.
Sapiens: A Brief History of Humankind (2011)
Money is not coins and bank notes. Money is anything that people... use... to represent... value... for... exchanging goods and services.
Sapiens: A Brief History of Humankind (2011)
Money is more open-minded than language, state law, cultural codes, religious beliefs and social habits. Money... can bridge almost any cultural gap, and does not discriminate on the basis of religion, gender, race, age or sexual orientation.
Sapiens: A Brief History of Humankind (2011)