How to pronounce “medium of exchange” in English

But anything can actually be a medium of exchange.

Sometimes we really frankly mean a medium of exchange.

Sometimes we say "love," and it really frankly is a medium of exchange.

It's an agreement that to use something as a medium of exchange.

Chinese, they use gold as their medium of exchange.

So therefore, the key element of a medium of exchange is consensus.

I think the easiest way to look at money is that it's a form of energy and a medium of exchange.

As a generalization, we want the person to find the medium of exchange that they're most comfortable with because there are pros and cons to each.

realize is that the best currency, money, my money being a medium of exchange, unit of account, store of

The reason why we use gold previously is because, compared to something like an apple as a medium of exchange, is because everyone can agree on what one ounce of gold

So if I have very broad distribution about the value, then it's not suitable to use as a medium of exchange.