My blog gives all data, facts and statistics about global real politic economic system, factors of production, poverty and inequality. Also I give information about popular hedonic life of human-beings. I believe that economy science must become a holistic social science that includes all multi dimensions of human (body, mind, soul) and to give inspiration (motivation) to become perfect "homo-economicus" generations for the 21th century.
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4/09/2018
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Types of money
The word "money" is believed to originate from a temple of Juno, on Capitoline, one of Rome's seven hills. In the ancient world Juno was often associated with money. The temple of Juno Moneta at Rome was the place where the mint of Ancient Rome was located.[10] The name "Juno" may derive from the Etruscan goddess Uni (which means "the one", "unique", "unit", "union", "united") and "Moneta" either from the Latin word "monere" (remind, warn, or instruct) or the Greek word "moneres" (alone, unique).
In the Western world, a prevalent term for coin-money has been specie, stemming from Latin in specie, meaning 'in kind'.
In Money and the Mechanism of Exchange (1875), William Stanley Jevons famously analyzed money in terms of four functions: amedium of exchange, a common measure of value (or unit of account), a standard of value (or standard of deferred payment), and a store of value. By 1919, Jevons's four functions of money were summarized in the couplet:
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