Alessandra
Wed Oct 02 2024
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7 answers
1229
Why is coinage a commodity money?
Could you elaborate on why coinage is considered a form of commodity money? I'm curious to understand the rationale behind this classification. Is it because coinage is made from precious metals, such as gold or silver, which inherently have value beyond just their use as currency? Or is there another factor at play that contributes to its status as a commodity money? I'd appreciate any insights you could provide on this topic.
