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