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The League -- A Medium of Exchange

by James Tierney

Most principles of macroeconomics classes teach the three (or sometimes four) functions of money. The main function is always its ability to be used in exchange for goods and services (use as a medium of exchange). In this clip from season 3 episode 7 of the league, Taco uses Jenny's underwear covered in stamps in exchange for goods and services.

The League -- Medium of Exchange

A clip from the FX show 'The League' where Taco uses underwear as a medium of exchange, one of the functions of money described in a principles of macro course.

from The League (2011)
Creator: FX Networks
Distributor: Netflix
Posted by James Tierney
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