Having a monetary trading unit is not the problem. Trading goods for goods is not always an option because you might need goods or services from someone who has no interest in the goods or services which you produce. The main problem is when this monetary trading unit inherently and intentionally devaluates over time. Therefore if we just used gold we would be far better off.
Having a monetary trading unit is not the problem. Trading goods for goods is not always an option because you might need goods or services from someone who has no interest in the goods or services which you produce. The main problem is when this monetary trading unit inherently and intentionally devaluates over time. Therefore if we just used gold we would be far better off.