MARCH 14, 2013
Money is a widely accepted form of payment for goods and services. It serves as a medium of exchange, a store of value, a unit of account, and standard of deferred payment. Types of money include, but are not limited to, physical notes, coins, and bank deposits.
Lawrence White - Money & Free Banking
Gregory Rehmke - Money and Inflation
Related Freeman Articles
DECEMBER 07, 2012 by ALEX SALTER
Arguments that money is a creature of the State are not only wrong, they're dangerous. Alex Salter explains how, perhaps more than anything else, money is the prime example of Hayek's spontaneous orders.
Some things are the product of human action but not human design.
MAY 02, 2012 by SANDY IKEDA
Who invented money? Who invented market prices? Who invented cities? What about language? The answer is: no one.
APRIL 26, 2012 by WARREN C. GIBSON
MAY 25, 2011 by GERALD P. O'DRISCOLL, JR.
Compliments of Chairman Bernanke.
FEBRUARY 28, 2011 by GERALD P. O'DRISCOLL, JR.
Chairman Bernanke is being disingenuous about the options foreign central banks and governments have to counteract the Fed's easy-money policy that threatens a global outbreak of inflation similar to the 1970s.