Why is gold eligible to exercise monetary functions?

In international circulation, although it is possible to use a special credit currency (a country's credit currency or a world's credit currency) as an international means of payment and reserve currency under certain conditions, the role of ** as the final means of repayment and the most reliable reserve asset in international settlement is still not something that can be replaced by any credit currency. So, in the end, it is still playing the role of a world currency.

Because people have given the basic properties of the currency.

Since the end of primitive society, money has been produced with the development of productive forces. The advent of iron tools gave rise to the second great division of labor in society, and metal commodities also participated in the exchange.

The deregulation of the state not only enables the development of the commodity market, but also promotes the rapid development of the financial market. And due to the continuous innovation of trading tools, the scale of the market has expanded dozens of times and hundreds of times.

Under the condition of demonetization of the international monetary system, the stage dominated by monetary attributes began to develop to the stage of return to commodity attributes, and the state liberalized control, so that the market mechanism played an increasingly important role in circulation and resource allocation.

Scarcity is expensive.

Some things don't make sense in the first place, and I can't figure it out.

Let's keep it simple. Hehe.

With **, you will know.

1. **Can be used as currency. Theoretically, any form of tangible object, even an intangible concept, can act as money. There have been many forms of money in history, such as gold and silver, which served as money as a stage in human economic history.

2. In the 19th century, there were many political economists.

Including Marx.

An explanation of the origin of money has been given. ** With its outstanding properties such as rarity, chemical stability, universality of public acceptance, ease of circulation, etc., it has become the currency of things that lasts the longest.

"Gold and silver are not naturally money" means that money is the product of the development of commodity exchange to a certain stage, and money appeared much later than gold and silver. In the long-term process of gold and silver participating in the exchange as a universal commodity, because of its properties suitable for performing monetary functions, people gradually became aware of its suitability to perform monetary functions, and it was gradually fixed in the position of general equivalents and became money. Gold and silver existed before money was created and will exist after money dies.

Money is naturally gold and silver" because gold and silver have many advantages that are most suitable for money, so the responsibility of money falls on gold and silver. The natural characteristics of gold and silver make it the most suitable material for currency: first, it is small in size and large in value, which is easy to carry and collect; Second, it is not easy to deteriorate and wear, which is convenient for long-term storage; Third, the hardness is small and the texture is uniform, which is easy to divide and merge.

First of all, ** itself is also a commodity, and it also has value. Secondly, ** has the natural characteristics that are most suitable for serving as currency: it is small in size, large in value, easy to divide, not easy to wear and tear, easy to store or carry, etc.

This is determined by the nature of **.

1. Scarcity, due to the existing attributes, the cost paid to obtain the best will be very large, so it has value, and the value is not easy to depreciate or deplete.

2. Chemical properties of **. **The internal components are not easy to react with the outside world and are relatively stable. It is because it has the five functions of money and is also a general equivalent.

3. It is because it has the five functions of money, and it is also a general equivalent.

4. Small size and easy storage.

**As a listed currency, it means that it is ***, which is used for large amounts of payments. The Qin State often used ** as a heavy reward for those who made great achievements. The emergence of currency is meaningful in the history of currency, and it has basically laid the monetary pattern of China's feudal society and copper coins in parallel.

Because all commodities as value are materialized human labor, they themselves can be commended, so they can jointly measure their value with a special commodity, so that this special commodity becomes their common value scale or currency. ”

The measurement function of the scale is to determine and mark the unit of measurement, and without the unit it is not a scale. As a scale of value, it is first necessary to determine the unit of value. In practice, people use the unit of monetary commodity to perform the function of the unit of value, which is an indirect way of determining the unit of value, which is a trade-off.

For example, the weight unit of ** is not the unit of value itself, if 1 gram ** is equal to 100 catties of rice, it can only mean that 1 gram ** is the same as the value content of 100 catties of rice, and 1 gram ** is how much value, is still a need to continue.

The problem illustrated by the study. The method of determining the direct unit of value should be based on the conceptual connotation of value. If value is considered to be generally socially necessary labour time, the unit of value should be "standard labour hours" or "unit labour hours"; If value is considered utility, the unit of value should be the unit of utility.