steff (25)in #money • 9 years agoDifferent kinds of money?By different, I don’t mean the dollar and the euro. These actually only represent one kind or type of money. What I mean by different is the logic or motivation system that a…steff (25)in #money • 9 years agoWhat lies behind the interest rate?You’re used to using money all the time. You receive it for things you do and you give it for things you need. But have you ever asked yourself what role interest rates play in…steff (25)in #money • 9 years agoWhat is money?In traditional economic textbooks money is defined as a medium of exchange, a store of value, and a unit of account. Now, while these are all fine descriptions of what money can…