The League — Medium of Exchange

Most principles of macroeconomics classes teach the three (or sometimes four) functions of money. The main function is always its ability to be used in exchange for goods and services (use as a medium of exchange). In this clip from season 3 episode 7 of the league, Taco uses Jenny’s underwear covered in stamps in exchange for goods and services.

Source: James Tierney

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Powered by WordPress.com.

Up ↑

%d bloggers like this: