THE QUESTIONS AND THE ANSWERS: CAN ENERGY BECOME THE MEASURE OF CURRENCIES?

Sajlau Bajzakovich Bajzakov, Doctor of Economic Science, professor, academician of the International Academy of ecological safety and nature management, scientific supervisor of the Institute of economic research (the Republic of Kazakhstan, Astana).

ABSTRACT
The article considers the problems of the dual nature of merchandise, the arguments for and against the energy measurement of currencies are stated, the viewpoints of the representatives of different scientific schools on the problem of the search for the true measure of currencies is analysed. The article is published on the basis of the materials in the journal “Economics. Finance. Research” (EFR): issue № 2(18), 2010.

KEY WORDS: merchandise, value, the measurement of value, the measure of a currency, the energy measure, the money measure, the single measure of the world currency.

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