* Money + Banking/Loans More about money ยป * Money & Monetary Policy Resources * Money and the Money Supply What Is Money? Question: What Is Money? Answer: The Economics Glossary defines money as: * Money is a good that acts as a medium of exchange in transactions. Classically it is said that money acts as a unit of account, a third. In fact, other goods are often better than money at being What Is Money? It Is More Than Pieces of Paper. So money isn't just pieces of paper. It's a medium of exchange that like to exchange for a new pair of shoes. Without the use of money, I point is that the institution of money gives us a more flexible Since money is a recognized medium of exchange, I do not have to find money so I can get a new pair at Footlocker. This is a far easier efficient, with the existance of money. What Is Money And How Is It Measured? As for what constitutes money and what does not, the article How much is the per capita money supply in the U.S.? gives the following money supply measures -- M1, M2, and M3 -- as well as data on the economy... The money supply measures reflect the different degrees of liquidity -- or spendability - that different types of money forms of money; it consists of currency in the hands of the public; deposits of under $100,000, and balances in retail money market more) time deposits, balances in institutional money funds, So there are several different classifications of money. Note that credit cards are not a form of money . Note that money is not the same thing as wealth. We cannot make ourselves richer by simply printing more money, as shown in the article Why Not Just Print More Money?. money: * Why Does Money Have Value? * How Much is the Per Capita Money Supply in the U.S.? * What is the Demand For Money? * Are Credit Cards A Form Of Money? * Why Not Just Print More Money? * When Stock Prices Go Down, Where Does the Money Go? * How Much Is the Per Capita Money Supply in the U.S.? * Are Credit Cards A Form Of Money? * What's actually in the money supply, and why an expansion won't * Money Resource Center * What is a Nation's Money Supply? * Money Defined - A Dictionary Definition of Money * Money Supply - Dictionary Definition of Money Supply * Win Money! - Moffatt Prize in Economics Writing * Why Not Just Print More Money? * Money & Monetary Policy Resources * Money and the Money Supply * What Is Money?