• 11. 5. 2025 • H. T. •
We use money every day, but have you ever stopped to think about its true purpose? Money isn’t just paper or digital numbers—it serves three essential functions that keep economies running smoothly!
🔹 Medium of Exchange – Money allows us to trade goods and services efficiently – money makes transactions easy! It is a common ground for determining value.
🔹 Store of Value – Money holds value over time. This means you can earn today and spend later without worrying about your wealth disappearing overnight.
🔹 Unit of Account – Prices set in terms of money, make it easy to compare goods and services. Without this function, economic decisions would be confusing and chaotic (like recalculating prices all the time due to inflation).
Without money, trade and economic growth would be much harder! But the current financial system is hurting us with inflation and economic inequality.
Now technology has given us incredible opportunities and with digital currencies evolving, the way we use money is changing fast.
What should an honest, stable money look like in a digital age?
