History of Money

Modern money (and most ancient money) is essentially a token in other words, an abstraction. Paper currency is perhaps the most common type of physical money today. However, objects of gold or silver present many of money's essential properties. The term Price system is sometimes used to refer to methods using commodity valuation or money accounting systems.

Klappentext

Modern money (and most ancient money) is essentiallya token- in other words, an abstraction. Paper currency isperhapsthe most common type of physical money today. However,objects of gold or silver present many of money'sessentialproperties. The term Price system is sometimes usedto referto methods using commodity valuation or money accountingsystems.