| |
Money was initially any commodity that contained value on the market and
was therefore able to be used for transactions. Producers of these
value-commodities soon realized that they could increase wealth if they
continued to produce commodities that were seen as valuable by others. Over
time, producers evolved their commodity value transaction process to a money
form in order to facilitate transaction. Producers began to recognize money
as a form of power and wealth that could be used to further their
aspirations and failed to truly explain what money is, namely, a form of
commodity circulation. At some point money was desired for other purposes
than circulation, and it is here that money gained the property to dictate
what producers of commodities of value would produce. |
|