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Do People Accept Money Because Government Endorses It? – Investment Watch

Do People Accept Money Because Government Endorses It? – Investment Watch
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Carl Menger , Hans Hoppe , Frank Shostak , Austrian School Economics , Central Bank Enforces The Paper Standard , Conventional Demand , Supply Analysis Fails , Commodity Money , Central Bank Enforces , Applied Austrian School Economics ,

Do People Accept Money Because Government Endorses It?

Why does money have value? Typical economists claim that money is valuable because the government declares it so ....

Carl Menger , Hans Hoppe , Central Bank Enforces The Paper Standard , Conventional Demand , Supply Analysis Fails , Commodity Money , Central Bank Enforces ,