Money as a System-of-Control - Coin Update

Money as a System-of-Control

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Title : Money as a System-of-Control
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Money as a System-of-Control


We know that money serves as:

  • A Store of Value (SoV)
  • A Medium of Exchange (MoE) and
  • A Unit of Account (UoA)

But what happens when a fourth use of money is introduced, one which subordinates all the other characteristics: money as a system of control

 

 

 

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