Money: Difference between revisions
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*[[unit of account]] | *[[unit of account]] | ||
*[[medium of exchange]] | *[[medium of exchange]] - the only function [[healthy buying infrastructure]] might augment or even obsolete (in the [[Consumerium Credit]] type of vision) | ||
*[[standard of deferred payment]] | *[[standard of deferred payment]] | ||
*[[store of value]] | *[[store of value]] | ||
Understanding all four makes it easier to design a [[self-funding]] system - that is, one that takes in as much [[cashflow]] as it uses. Knowing when or for what reason people entrust money to a system requires the analysis above. Details relevant to [[Consumerium]] should be at [[financial capital]] since there are financial capital instruments that serve one, two or three of the above functions without actually serving all four and thus becoming "money". | |||
See [[w:money]] for a more detailed discussion. | See [[w:money]] for a more detailed discussion. | ||