MMP Blog #52: Conclusion: The Nature of Money
Let us close this blog and this Primer with an examination of three propositions on the nature of money. This has been a long and difficult blog. You might need to read it twice. Or three times.
Let us close this blog and this Primer with an examination of three propositions on the nature of money. This has been a long and difficult blog. You might need to read it twice. Or three times.
This week, we examine coinage from Roman times to the present in Western society.
As promised, this week I will begin try to dispel the view that coins used to be commodity monies.
In this blog we will examine the implications of exchange regimes for our analysis.