The Nature of Currency is "Credit"
Authors
Shangming Wang
Corresponding Author
Shangming Wang
Available Online July 2013.
- DOI
- 10.2991/icssr-13.2013.33How to use a DOI?
- Keywords
- currency; nature; credit
- Abstract
It has long been a debate about the nature of currency without a consistent conclusion. From the aspects of the generation, purpose, and form transformation of currency, this article discusses that currency’s basic function is "exchange medium", and points out that "credit" is the nature of currency.
- Copyright
- © 2013, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Shangming Wang PY - 2013/07 DA - 2013/07 TI - The Nature of Currency is "Credit" BT - Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013) PB - Atlantis Press SP - 145 EP - 149 SN - 1951-6851 UR - https://doi.org/10.2991/icssr-13.2013.33 DO - 10.2991/icssr-13.2013.33 ID - Wang2013/07 ER -