Econ 101: The Value of Money

Warren Coats ()

No 212, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: During a discussion of Bitcoin with friends, it became clear to me that it might be helpful if I explained some fundamentals of how the value of money is determined. Like most everything else, money’s value is ultimately determined by its supply and demand.

Pages: 6 pages
Date: 2022-06
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0212

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