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Functions of money

drei Münzen die auf den Tisch fallen
What do we need money for?
Well, it is rather inconvenient to take your camel to a shop and exchange it for other goods there. This is why money evolved over the course of history – you can easily take it along wherever you go, and it has some other advantages as well.
Unlike other means of payment, such as gold coins, money can be used everywhere to buy anything; it is universally accepted.
It tells us what is cheap and what is expensive. Money enables you to compare the prices of different products and services, as well as incomes, rents and everything else.
You can use money to save up to buy something in the future, but also to buy something now on credit which you would not be able to afford yet otherwise.
Functions of money

What Dr. Dr. Money says

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