Commodity money coins. Commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves (intrinsic value) as well as value in their use as money. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, tea, large stones (such as Rai stones), decorated belts, shells, alcohol, cigarettes, cannabis, silk, candy, nails, cocoa beans, cowries and barley. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or price system
What Has Government Done to Our Money? paper money that exists today started as a receipt for a fixed weight or portion of some commodity, usually a precious metal. When a commodity becomes a money, it gains new properties unique to being a money. For example, unlike every other commodity, money becomes less useful during the time its supply is expanded, roughly to the degree to which it is expanded, all other things being equal. To illustrate: If the Monee Tree dropped five new Moneez into the economy tomorrow, the effect would be zero. But, if the Monee Tree dropped one thousand trillion Moneez into the economy