[Modern Economic Problems by Frank Albert Fetter]@TWC D-Link book
Modern Economic Problems

CHAPTER 3
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CHAPTER 3.
NATURE, USE, AND COINAGE OF MONEY Sec.1.Origin of money.Sec.2.Qualities of the original money-goods.
Sec.3.Industrial changes and the forms of money.Sec.4.The precious metals as money.Sec.5.

Gold-using countries.Sec.6.Varying extent of the use of money.Sec.7.Money defined and reviewed.Sec.8.Metal money without or with coinage.Sec.9.Technical features of coinage.Sec.

10.
Seigniorage defined.
Sec.1.

#Origin of money#.

Everywhere in the world where the beginnings of regular trade have appeared, some one of the articles of trade soon has come to be taken by many traders who did not expect to keep or use it themselves, but to pass it along in another trade.[1] This made it money, for money is whatever comes to be used as a general price-good.
The character of a _general_ price good clearly distinguishes money from goods bought and sold by a particular class of merchants, such as grain, cattle, etc., to be sold again.


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