Commodity Theory of Money vs the Credit Theory of Money: Revision history

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31 October 2024

  • curprev 12:0612:06, 31 October 2024‎ Mbauwens talk contribs‎ 814 bytes +814‎ Created page with " =Typology= Jongseung Kim: "A key question in understanding the nature of money lies in the debate between the Commodity Theory of Money and the Credit Theory of Money. The Commodity Theory posits that money derives its value from its intrinsic properties, such as scarcity and durability, with commodities like gold and silver forming the foundation of monetary systems. Conversely, the Credit Theory views money as a social construct rooted in trust, representing a ledge..."
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