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  2. Commodity money - Wikipedia

    en.wikipedia.org/wiki/Commodity_money

    Japanese commodity money before the 8th century AD: arrowheads, rice grains and gold powder. This is the earliest form of Japanese currency. Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying ...

  3. Store of value - Wikipedia

    en.wikipedia.org/wiki/Store_of_value

    Money is well-suited to storing value because of its purchasing power. [4] It is also useful because of its durability. [5] Because of its function as a store of value, large quantities of money are hoarded. [6] Money's usefulness as a store of value declines if there are significant changes in the general level of prices. [7]

  4. Monetary system - Wikipedia

    en.wikipedia.org/wiki/Monetary_system

    The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...

  5. Money - Wikipedia

    en.wikipedia.org/wiki/Money

    Many items have been used as commodity money such as naturally scarce precious metals, conch shells, barley, beads, etc., as well as many other things that are thought of as having value. Commodity money value comes from the commodity out of which it is made. The commodity itself constitutes the money, and the money is the commodity. [32]

  6. Metallism - Wikipedia

    en.wikipedia.org/wiki/Metallism

    In metallist economic theory, the value of the currency derives from the market value of the commodity upon which it is based independent of its monetary role. Carl Menger (1840–1921) theorized that money came about when buyers and sellers in a market agreed on a common commodity as a medium of exchange in order to reduce the costs of barter ...

  7. Medium of exchange - Wikipedia

    en.wikipedia.org/wiki/Medium_of_exchange

    Because fiat money has "no intrinsic value," when two parties use the same fiat money then the person purchasing the product or service can focus on the time price and ignore the monetary price. [24] For example, if a person makes $5.00 an hour and wants to buy a product that costs $20.00 then the time price will be 4 hours and the actual price ...

  8. Can Money Be Lost in a Money Market Account? - AOL

    www.aol.com/money-lost-money-market-account...

    For premium support please call: 800-290-4726 ... the value of your account could dip beneath the initial deposit and you would, in theory, lose money. ... you could lose some money. Money market ...

  9. Value-form - Wikipedia

    en.wikipedia.org/wiki/Value-form

    In the reified perception of the political economists and the vulgar Marxists, products have value because they are expressible in money-prices, but Marx argues [205] that in reality it is just the other way round: because commodities have value, i.e. because they are all products with an average current replacement cost of social labour, [206 ...