money法定货币.pptVIP

Chapter 25 Money and Commercial Banking Over all history, money has oppressed people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.  John Kenneth Galbraith, The Age of Uncertainty (1977) A. Money and Interest Rates The Evolution of Money The History of Money ----Barter Consists of the exchange of goods for other goods. ----Commercial Money Money as a medium of exchange first came into human history in the form of commodities. By the nineteenth century, commodity money was almost exclusively limited to met