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The Role of Money: From Coins to Electronics

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Abstract

Money is a means of trust. It is also an instrument of exchange, measurement and accountability. Guy de Rothschild1 defines money as the blood of the economy, the general purpose tool, the instrument of success, the symbol of might.

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Note

  1. Guy de Rothschild, Contre Bonne Fortune’, Pierre Beiford, Paris, 1983.

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© 1988 Dimitris N. Chorafas and Heinrich Steinmann

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Chorafas, D.N., Steinmann, H. (1988). The Role of Money: From Coins to Electronics. In: Implementing Networks in Banking and Financial Services. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-09479-0_2

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  • DOI: https://doi.org/10.1007/978-1-349-09479-0_2

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-349-09481-3

  • Online ISBN: 978-1-349-09479-0

  • eBook Packages: EngineeringEngineering (R0)

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