Commodity Theory of Money

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A new article is posted on SayEconomy.com. The title of it is 'Commodity Theory
of Money'

Commodity theory of money refers to a system of money based on a specific
commodity; that is, any good suitable for exchange or consumption.[ad#ad-4]

The system is usually linked to a specific quantity of the commodity whose
value is determined by its price in the marketplace.

The Gold Standard was a commodity money system.

Written by: Monica Kenney

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http://www.sayeconomy.com/commodity-theory-of-money/

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