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 things that we asked when you are need help in able to sustain and give a daily needs . Debt also consider as a payments that we are able to pay because its is needed as you borrowed money or any thing in other persons or such campanies in a reasonable thing. Many of it has a percentage of debt as an a profit for the people whose given the money to the borrowers.