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Store of value
Store of value

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!!! Overview
[{$pagename}] is the function of an [asset] that can be [saved|Store], retrieved and used for a [Medium of exchange]
[{$pagename}] is one of the three fundamental functions of [money]
Gold and other metals are good [{$pagename}]s as their shelf lives are essentially perpetual, whereas a perishable good (e.g., milk) is a poor store of value due to its propensity to decay. \\
Interest-bearing assets, such as U.S. Treasury bonds (T-bonds), are very good stores of value because they generate interest income and their principal balances are backed by legal contracts.
Money is one of the best stores of value because of its liquidity, ability to be used as a [Medium of exchange] and that it is a recognized [Unit of measurement].!! More Information
There might be more information for this subject on one of the following:
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This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop