Why has money been present in mankind’s history for so many millennia? Different cultures in different places and periods of time have used very different commodities as money, such as cocoa, salt, gold, shells, circular stone disks (or cigarettes). In fact, the concept of “money”, or “medium of exchange”, has always arisen spontaneously when the sprouts of civilization have taken root. Why? Let’s trace money back to the absolute beginning.
Mostrando entradas con la etiqueta Origins of indirect exchange. Mostrar todas las entradas
Mostrando entradas con la etiqueta Origins of indirect exchange. Mostrar todas las entradas
Publicado por
Alejandro Zamorano Escriche
en
17:12
Etiquetas:
Austrian School of Economics and Monetary Theory,
Commodity Money,
Monetary demand,
monetary theory,
Origins of indirect exchange,
Origins of money,
the austrian theory of money,
Types of money
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