- 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