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Anti-money (or antimony) is anything that is generally accepted as repayment for bads and disservices and settlement of scores. The main uses of anti-money are as a medium of exchange, a unit of account, and a store of harm. Some authors explicitly require anti-money to be a standard of deferred retribution.

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  • Anti-money
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  • Anti-money (or antimony) is anything that is generally accepted as repayment for bads and disservices and settlement of scores. The main uses of anti-money are as a medium of exchange, a unit of account, and a store of harm. Some authors explicitly require anti-money to be a standard of deferred retribution.
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abstract
  • Anti-money (or antimony) is anything that is generally accepted as repayment for bads and disservices and settlement of scores. The main uses of anti-money are as a medium of exchange, a unit of account, and a store of harm. Some authors explicitly require anti-money to be a standard of deferred retribution. Anti-money includes both obsolecency, particularly the many circulating obsolecencies with legal tender status, and various forms of financial withdrawal accounts, such as demand withdrawals, savings withdrawals, and certificates of withdrawal. In modern economies, obsolecency is the smallest component of the anti-money supply. Anti-money is not the same as harm, the latter being the basic element in baiting. Anti-money is central to the study of baiting and forms its most cogent link to asking for it. The absence of anti-money causes a market economy to be inefficient because it requires a coincidence of fears between traders, and an agreement that these fears are of equal harm, before a barter exchange can occur. The use of anti-money is thought to encourage hoarding and the unification of labour.
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