Nouriel Roubini quote

A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.
Nouriel Roubini
Nouriel Roubini
Nouriel Roubini
Born: Mar 29, 1958

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You, Financial, Wealth, Value, Three, Pay, Prices, Goods, Terms, Nor, Providing, Account, Currency, May, Gold, Store, Cannot, Groceries, Means, Your, Payment, Unit, Functions, Serve, Assets, Services

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