On this account, governments impose taxes payable only in money, creating a demand for money that means it will be widely accepted as payment for goods.
When you or I accept dollars in exchange for providing goods and services, we do so trusting that when we spend those dollars, they will be accepted for an equivalent amount of goods and services.
While the Presidential Advisory Commission accepted that the US was responsible for the goods on the Gold Train, it did not suggest how property could be returned or compensation made.
Its stock has quite cratered as a result of not being paid for merchandise that was accepted in prior quarters as well as the goods that were turned away at the gates of its plants in March.
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Whether or not gift cards will continue to be accepted, or consumers will be able to exchange goods or obtain refunds, will be decided by the administrator.
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Lord Triesman welcomed the recent "increased movement" of goods and services in and out of Gaza but accepted it was not enough and a step change was needed.
It may even extend to charging for offline goods with a phone company informing retailers that a transaction has been accepted at the time of purchase.
By itself, such cost-plus pricing can be a profitable strategy in an inflationary time if consumers have accepted the idea that prices are rising in a given category, such as baked goods, Lodish says.
The paper was remarkable not only for being accepted by a major journal but also because it considered wives and whores as economic "goods" that can be substituted for each other.
Sending goods round to the east coast, where a different longshore union has long since accepted many of the technologies that are at issue in the west, is also unpromising.
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