THE FACT ABOUT MONEY THAT NO ONE IS SUGGESTING

In Money as well as system of Exchange (1875), William Stanley Jevons famously analyzed money regarding 4 features: a medium of Trade, a standard evaluate of value (or unit of account), a normal of worth (or normal of deferred payment), and also a retailer of benefit. By 1919, Jevons's four functions of money have been summarized during the couplet