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How Does Money Acquire its Value?
Manage episode 498268654 series 2663738
Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.
Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value
1432 episodes
Manage episode 498268654 series 2663738
Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.
Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value
1432 episodes
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