Money Terms explained

These three videos explain money terms you need to know.

We use money so naturally that we hardly question what money actually is. The definitions are based on Eske Bockelmann's book "Money".

Text spoken by Avatar Arielle.

Section A: Basic terms

• Means of exchange
• Value
• The role of the state
• The notion of private property

Section B: Effects of money

• Exclusion
• Power of disposal
• Competition

Section C: Complex concepts

• Credit economy
• Financial economy
• Growth compulsion
• Thinking reflex