Georg Simmel discussed how this entity brings about freedom by allowing less-personal relationships in The Philosophy of it, while the adoption of this entity resolves the "double coincidence of wants" problem.
Georg Simmel discussed how this entity brings about freedom by allowing less-personal relationships in The Philosophy of it, while the adoption of this entity resolves the "double coincidence of wants" problem. Debased forms of this entity drive out more pure forms according to (*)Gresham's Law, and manipulation of this entity's supply is performed by the ECB and the Federal Reserve. Found in commodity and fiat varieties, for 10 points, name this "unit of account, medium of exchange, and store of value," which replaced barter in conducting economic transactions.
Georg Simmel discussed how this entity brings about freedom by allowing less-personal relationships in The Philosophy of it, while the adoption of this entity resolves the "double coincidence of wants" problem.
{money} [prompt on {currency}]