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yeah, it's liquidity and network effects from people using it as an intermediate asset in every other transactions (instead of bartering directly). I didn't kno
by BenoitEssiambre 5y ago
yeah, it's liquidity and network effects from people using it as an intermediate asset in every other transactions (instead of bartering directly). I didn't know Marx saw it that way. My inspiration comes from market monetarists of the Milton Friedman tradition.
- topaz0 5y agoThere's a lot of good stuff in Marx, whatever people say (and downvote). Whether or not you agree with the solutions he proposes.