I found this an interesting interview about the history of money and debt.
Check it out.
What is Debt? An Interview with Economic Anthropologist David GraeberDavid Graeber currently holds the position of Reader in Social Anthropology at Goldsmiths University London. Prior to this he was an associate professor of anthropology at Yale University. He is the author of Debt: The First 5,000 Years which is available from Amazon.
Interview conducted by Philip Pilkington, a journalist and writer based in Dublin, Ireland.
Philip Pilkington: Lets begin. Most economists claim that money was invented to replace the barter system. But youve found something quite different, am I correct?
David Graeber: Yes theres a standard story were all taught, a once upon a time its a fairy tale.
Debt is the name given to the money that a person has taken to be repaid from a corporation or person. The article you find has beautiful content and is briefly mentioned. If you are wondering how the debtor system works, there are different explanations about this topic, but the easiest and simplest example is the working principle of banks. I do not want to pass without noting that there are interest, no interest, or clearing methods and debt types.