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https://www.thisamericanlife.org/423/the-invention-of-money What are some of the potential problems of the fei currency? Explain. Is it commodity or fiat money? Explain. What does its usefulness as

https://www.thisamericanlife.org/423/the-invention-of-money

  1. What are some of the potential problems of the fei currency? Explain.
  2. Is it commodity or fiat money? Explain.
  3. What does its usefulness as money ultimately depend on?
  4. What characteristics of an asset make it into a good medium of exchange? A good store of value? Explain clearly.

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