How money actually works · Lesson 1 of 10
What is money, really?
Money does three jobs, and the arguments people have about it are almost always about the third one.
About 9 minutes · Foundation
What to take away
- Medium of exchange, unit of account, store of value.
- Currency is the claim; wealth is the property the claim buys.
- A unit can work perfectly for spending while failing at saving.
Why this lesson is written this way
Each point above is checkable. Where the subject is genuinely disputed — the causes of inflation, the future of the dollar's reserve role, whether current debt levels are sustainable — the lesson states both readings rather than choosing quietly for you. Nothing here predicts a price, because nobody can.
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