Stone Money of Yap as an Early form of Money in the Economic Sense

This article examines the special case of stone money, in Yap as a store of value, medium of exchange and unit of account, which are the three traits required for something to be considered money, in the economic sense. When confidence in a system of currency with coins is present, this more convent...

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Bibliographic Details
Main Author: Paul F. Gentle
Format: Article
Language:English
Published: Academic Research and Publishing UG 2021-06-01
Series:Financial Markets, Institutions and Risks
Subjects:
Online Access:https://armgpublishing.com/wp-content/uploads/2021/07/10.pdf
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