
AMA | What Is the Backbone of Western Values? | HBTV 81
Ayn Rand Centre UK Podcast
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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.
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