Fiat money as a public service

maryanndimand Aug 10, 2017 12:29

asset, public services, medium of exchange, quantity theory of money, substitutes, exchange, interest rates, wealth, public goods and services, milton friedman, money supply, quantity of money, commodity money, store of value, portfolio, money shortage, divisibility, trust, barter, money, market solutions, fiat money, goldsmiths, unit of account, opportunity cost, letters of credit, folk money, private goods and services