What you can do with money
Helmut Creutz, and many others, distinguish three different basic functions of money:
- Money as a tool for trade exchanges
- Determination of the value of products and services in units of money
- Money as a means of storing value
The function of money as a tool for trading conflicts with the function for storing value. As a trading tool the money has to stay in circulation, whereas it is taken out of circulation for storing value.
In the Regional Economic Community, the shares (holdings) of the CPO (Community of Participation and Ownership) serve as storage for value, while the complementary currency Grok serves the needs of the market community as a means to exchange goods and services.