The Difference Between Wealth And Money

  • Wealth is the collection of resources we can use. You can have wealth without having money. Money is a way of moving wealth, and in practice they are usually interchangeable.
  • Money intermediates transactions.  In a specialized society, most of the things you need, you can't make for yourself and you might not have what the other person wants to trade directly for. Thus the use of money to intermediate transactions.

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