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A good argument can be made that money should not be a long-term store of value, and should only store value long enough to be useful as a medium of exchange.
by betterunix2 6y ago
A good argument can be made that money should not be a long-term store of value, and should only store value long enough to be useful as a medium of exchange. The idea is that it is better to lend your money than to store it, and that the best way for people to "store value" is to be invested in economically productive activities.
- lawn 6y agoYou're right! The key point, no matter which theory you subscribe to, is that medium of exchange is the most important property.