A medium of exchange is an intermediary item that is widely accepted to facilitate the trade of goods and services between two parties. It is one of money’s three universally agreed functions, along ...

The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian ...

MMT and chartalism claims that money is a creature of the state and is valued because of state action. The fact that tobacco ...

Currency is a medium of exchange for goods and services. In general, it's money in the form of paper and coins, usually issued by a government and generally accepted at its face value as a method ...

State-level legislative efforts are making gold more practical as a medium of exchange, supporting the 'gold is money' thesis ...

Mike Maharrey delivers a compelling explanation of what money really is—and why sound money, such as gold and silver, remains ...

provided trust in the currency remains intact. Many of the world's major economies rely on fiat currencies as their primary medium of exchange and store of value. These currencies hold no ...

They published this whitepaper on CBDC in January 2022. Because the definition of money in the UCC means “a medium of exchange that is currently authorized or adopted by a domestic or foreign ...