How Does Money Acquire its Value?

Tags: Central Banks, Monetary Policy, Money and Banks

08/04/2025 Frank Shostak

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money’s value, however, is historically tied to the value of the commodity from which money was derived.

Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

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