What is the function of money

This post was written by admin on January 20, 2009
Posted Under: Uncategorized

To make easy the exchange of goods and services, so that when one parts with anything having exchange value without needing anything in return immediately, he can keep the money until he does. It is an evidence that he has contributed some goods or services which society wants, and is a demand on that society for an equal value of what he may require at any time the need arises.

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