Our two-faced money
Every Dollar, Euro, Yen, and so forth, is two-faced: an asset for one, and a debt (a liability) for another. One party owes; another party is owed. This is the case for both paper and electronic versions of our money.
Every Dollar, Euro, Yen, and so forth, is two-faced: an asset for one, and a debt (a liability) for another. One party owes; another party is owed. This is the case for both paper and electronic versions of our money.
