medium of exchange

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Search-theoretic approaches emphasize the endogenous determination of mediums of exchange and are naturally suited to study the use of dual and international currencies.
Stores of value, such as interest-bearing financial assets, do not necessarily serve as mediums of exchange, however.
Faced with global exchange and the contradictions of info-money, the issue becomes one of how to maintain different mediums of exchange, mediums of exchange which are by and large incommensurable.