13-1a3a2e2 The introduction of money creates the money market wherein everything can be exchanged for anything in the economy

“The economy is a money economy, and almost all goods are compared with and exchanged against the money commodity.”

Next:

• 13-1a3a2e2a Money and differences in the economy are reflexive
• 13-1a3a2e3 Any prior money must necessarily trace its origin back to the original money

Related:

• On specialization
  • 13-1a3a2g The specialization process continues indefinitely
  • 2-1c2a Matt Ridley - ‘Self-sufficiency leads to economic downturns. Mutual interdependence is more robust.‘
• On being exchangeable
  • 3-1a4b5 Anything can be priced in principle. But not everything will be.
  • 13-9a All goods are somewhat substitutable for one another thanks to money
• Money can be anything other than itself, and it is also fungible with itself
  • 10-2e4b Money is fungible. So is energy. So are we.