[Economy] Barter-Money-Bitcoin: Circular Flow of Income, Savings to Investment, Time Value of Money, Deferred Payments (Part 2)
Prologue #5: Difficult to store Value #6: Savings don’t turn into investment What is Circular flow of income? #7: Account-keeping = mission impossible #8: Lack product specialization #9: Future contracts and deferred payments Time value of money Bitcoins and [...]
