Most economists consider the medium of exchange and the store of value as defining functions of money. But combining both functions into a single objective is problematic because a medium of exchange must circulate to be useful, while a store of value is kept (or stored) out of circulation.
It's funny how economists say that rational humans want to maximize their profits, and that maximizing profits in a society benefits everyone. But then they don't accept that individuals would want to use a money that keeps its value and isn't constantly debased.
Rational humans should like profit.. oh no, NO! Not like that!
It's funny how economists say that rational humans want to maximize their profits, and that maximizing profits in a society benefits everyone. But then they don't accept that individuals would want to use a money that keeps its value and isn't constantly debased.
Rational humans should like profit.. oh no, NO! Not like that!