How Does Money Acquire its Value?

04/08/2025 10 min
How Does Money Acquire its Value?

Listen "How Does Money Acquire its Value?"

Episode Synopsis

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value