1. We should note that nobody actually recorded the emergence of money.
2. If a trader could not find a desired match or did not need goods for immediate consumption, some good with a ready market would be accepted instead.
3. So traders began to accept certain goods not for immediate consumption but because these goods would be acceptable to others and therefore could be retraded later.
4. As we will see, anything that is used as money serves three important functions: a medium of exchange, a standard of value, and a store of wealth.
5. If a community, by luck or by design, can find one commodity that everyone accepts in exchange for whatever is sold, traders can save much time, disappointment, and sheer aggravation.
6. The price of shoes or pots could be expressed in bushels of corn.