Ayn Rand Centre UK Podcast cover image

AMA | What Is the Backbone of Western Values? | HBTV 81

Ayn Rand Centre UK Podcast

00:00

What Is a Medium of Exchange?

Money is a store value used as a means of exchange. Ein Rand points out that's the dominant one, and it can store value. Money allows for economic calculation - you know the price of things. If everything were to be priced like five bricks or four loads of bread this would wreak havoc in your ability to plan and budget.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app