Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market. (Murray Rothbard)

Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.

Murray Rothbard

Related topics

exchange final general goods market medium money payment thing means

Related quotes

It is a curious thing... that every creed promises a paradise which will be absolutely uninhabitable for anyone of civilized taste. View quote
Evelyn Waugh
I do not know which will be the destiny of each one of you but one thing I know - the only ones among you who will be really happy will be those who have sought and found the way to serve. View quote
Albert Schweitzer
Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off. View quote
Franklin D. Roosevelt
The life of every man is a diary in which he means to write one story, and writes another; and his humblest hour is when he compares the volume as it is with what he vowed to make it. View quote
J. M. Barrie
Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't. View quote
Merton Miller