Monday, 18 May 2020

"Many textbooks say that money has several functions: a medium of exchange, unit of account, or measure of values, a store of value, etc. But it should be clear that all of these functions are simply corollaries of the one great function: the medium of exchange." -Rothbard

"Many textbooks say that money has several functions: a medium of exchange, unit of account, or measure of values, a store of value, etc. But it should be clear that all of these functions are simply corollaries of the one great function: the medium of exchange." -Rothbard submitted by /u/MemoryDealers
[link] [comments]


source https://www.reddit.com/r/btc/comments/glu3kp/many_textbooks_say_that_money_has_several/
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)