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MONEY TODAY. ADJUSTMENT OF CONCEPTS
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MONEY TODAY. ADJUSTMENT OF CONCEPTS
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Authors
Mikhail Portnoy 
ORCID: 0000-0002-8204-7771
Edition
Issue 11 (551)
Pages
45-61
Abstract
Several myths, including the one of the coming death of money, have been developed in the modern financial science. But the author of article argues that money is still a universal instrument of expressing the value (cost) of commodity resources used in the economic life. To date, three functions of money have been formed: the first, constituent one, - money is a measure of value and two working ones - money is a means of accumulation (reserves) and of settlement (flows) which are in continuous interaction.
Keywords
myth of money, functions of money, money as a measure of value, money as a reserve of value, money as means of payment
Date of publication
11.11.2015
Number of purchasers
1
Views
934
Readers community rating
0.0 (0 votes)
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References



Additional sources and materials

1. Bregel' Eh.Ya. Kredit i kreditnaya sistema kapitalizma. Moskva: Gospromizdat, 1948, 672 s. [Bregel A. Ya. Credit and Credit System of Capitalism. Moscow:Gospromizdat, 1948, 672 p.].
 2. Portnoj M.A. Den'gi: ikh vidy i funktsii. Moskva: ANKIL, 1998, 166 s. [Portnoy M.A. Money Types and Functions. Moskva: ANKIL, 1998, 166 p.]. 
 3. Kharris L. Denezhnaya teoriya/per. s angl. Moskva: Progress, 1990, 728 s. [Harris L. Monetary Theory.].
 4. Marks K. K kritike politicheskoj ehkonomii // K. Marks, F. Ehngel's. Soch., t. 13. s. 49.

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