RAS Global AffairsСША & Канада: экономика – политика – культура USA & Canada: Economics – Politics – Culture

  • ISSN (Print) 26866730
  • ISSN (Online) 3034-6045

MONEY TODAY. ADJUSTMENT OF CONCEPTS

PII
S268667300000616-7-1
DOI
10.7868/S0000616-7-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 11 (551)
Pages
45-61
Abstract
Several myths, including the one of the coming death of money, have been developed in the modern financial science. But the author of article argues that money is still a universal instrument of expressing the value (cost) of commodity resources used in the economic life. To date, three functions of money have been formed: the first, constituent one, - money is a measure of value and two working ones - money is a means of accumulation (reserves) and of settlement (flows) which are in continuous interaction.
Keywords
myth of money, functions of money, money as a measure of value, money as a reserve of value, money as means of payment
Date of publication
11.11.2015
Year of publication
2015
Number of purchasers
1
Views
1011

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