Formation Mechanism of Commodity Prices in the System of Credit Money-Reference-Cited by-同舟云学术

Formation Mechanism of Commodity Prices in the System of Credit Money

Published:2019-04-01 Issue:1 Volume:8 Page:32-35
ISSN:2587-6287
Container-title:Scientific Research and Development. Economics of the Firm
language:en
Short-container-title:

Author:

Галанов Владимир¹,Galanov Vladimir²,Галанова А.³,Galanova A.⁴

Affiliation:

1. ФГБОУ ВО «Российский экономический университет им. Г.В. Плеханова»

2. Plekhanov Russian University of Economics

3. Национальный исследовательский университет «Высшая школа экономики» (НИУ ВШЭ)

4. National Research University Higher School of Economics (HSE)

Abstract

The pricing of goods on the market is influenced by the spontaneously emerging supply and demand. However, the spontaneity of pricing is based on internal laws, primarily on the law of value, which implies that the prices of goods are ultimately governed by the proportions of the distribution of hired labor among the branches of material production. The mechanisms of formation of the system of commodity prices can be understood on the basis of the use of the theory of chaos, which is based on the subordination of random processes of a certain regularity, which is called the “attactor». The price of a commodity is the expression of its value basis in monetary terms, in the form of currency. Since modern credit money is a banknote that is not an image of gold, the price of a commodity depends on the value the market attaches to the modern monetary unit. The monetary unit is the sign of value, the marginal value of which (or the money attractor) is the quotient of dividing the total value of the goods by the number of currency in circulation.

Publisher

Infra-M Academic Publishing House

Reference8 articles.

1. Галанов В.А. Сущность акции // Вестник РЭУ. М.: ФГБОУ ВПО «РЭУ им. Г.В. Плеханова». — 2014. — № 8 (74)., Galanov V.A. Sushchnost’ aktsii. // Vestnik REU. M.: FGBOU VPO «REU im. G.V. Plekhanova». — 2014. — I. 8 (74).

2. Галанов В.А. Альтернативные варианты развития мирового хозяйства // Научно-аналитический журнал «Наука и практика» Российского экономического университета имени Г.В. Плеханова. — М.: ФБГОУ ВПО «РЭУ им. Г.В. Плеханова». — 2015. — № 4 (20)., Galanov V.A. Al’ternativnye varianty razvitiya mirovogo khozyaystva // Nauchno-analiticheskiy zhurnal «Nauka i praktika» Rossiyskogo ekonomicheskogo universiteta imeni G.V. Plekhanova. — M.: FBGOU VPO «REU im. G.V. Plekhanova». — 2015. — I. 4 (20).

3. Галанов В.А. Политэкономический аспект роли России в международной торговле. Международный журнал «Международная торговля и торговая политика». ФГБОУ ВО «РЭУ им. Г.В. Плеханова». — 2016. — № 4., Galanov V.A. Politekonomicheskiy aspekt roli Rossii v mezhdunarodnoy torgovle. Mezhdunarodnyy zhurnal «Mezhdunarodnaya torgovlya i torgovaya politika». FGBOU VO «REU im. G.V. Plekhanova». — 2016. — I. 4.

4. Галанов В.А. Финансы, денежное обращение и кредит. М.: ИНФРА-М, 2016., Galanov V.A. Finansy, denezhnoe obrashchenie i kredit. M.: INFRA-M, 2016.

5. Гарнов А.П. Роль инноваций в экономическом развитии России. Москва: РУСАЙНС, 2018. — 112 с., Garnov A.P. Rol’ innovatsiy v ekonomicheskom razvitii Rossii. Moskva: RUSAYNS, 2018. — 112 s.