TO THE QUESTION ABOUT THE PROPERTIES OF MONEY AS A COMMODITY

Abstract

The emergence of money associated with the production of commodities and a fairly high level of development of the commodity exchange. Initially, as has already been mentioned, money appears as a special publicly recognized  goods - the universal equivalent of all other commodities. And the money - is a special kind of commodity that has intrinsic value and is measured by the value of all other commodities, resulting in the exchange of commodities which is transformed into commodity-money exchange initially money appears at the stage of the exchange. Then it begins to serve the entire reproductive process, becoming a gradually reproduction category.

Modern money as a set of obligations relation characterizes  a very significant, but only one side of the problem - namely, the leveraged nature of modern money (of course, if it is  issued on a credit basis). Another aspect of the problem of money, including their contemporary forms, is the ability to represent the movement of the money value of goods and services at the micro and macro levels, in terms of a single national economy and the world economy as a whole.

One of the main reasons in the society, which has led to the fact that crisis began to develop in  the  world economic system, is the effect of advancing consumption.