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THE PROBLEM OF TRUST IN MONEY: A DISCUSSION ASPECT

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PDF: Author(s): Khusainova A. I.,
Number of journal: 4(41) Date: November 2017
Annotation:

The article analyzes trust in money as a key condition of economic exchange. The article explores the value trust in money during different evolutionary periods of institute of money. It is dealt with two antagonistic theoretical approaches to the problem of trust in money. It is analyzed economic consequences of decrease of trust in national currency on the example of economic and political events of recent decades in the Russian Federation. Based on made analysis it is proposed the hierarchy of levels of trust in basic socio-economic institutions which, as a consequence, determines the trust in money in society.

Keywords:

trust, money, institute, money stability, national currency, institute of money, private money, cryptocurrency, money surrogates, trust in money, trust in government, monetary system.

For citation:

Khusainova A. I. The problem of trust in money: a discussion aspect // Business. Education. Law. 2017. No. 4 (41). P. 250–252.