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The Vietnamese have flocked to more reliable stores of value.
As durable stores of value, in other words, the yen and euro look less than secure.
That has created excess demand for apparently safe stores of value in the rich world, such as American government bonds, pushing up their value and lowering yields.
First, he says, money market funds should be treated like other mutual funds — whose price can fluctuate — rather than as guaranteed stores of value, like bank accounts.
For example, PayPal's wallet will allow consumers to use various stores of value besides money when paying for goods or services.
Instead of accommodating China's overcrowded urban masses, too many houses stand empty, serving as stores of value for people dissatisfied with bank deposits and distrustful of the stockmarket.
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Investors are looking for diversified temporary stores of values--and that may include gold and U.S. Treasuries.
For one thing, it became a store of value.
Even gold, a supposed "store of value", took a hit.
But the dollar is not merely a store of value.
Entrepreneurs need money that is a meaningful unit of account and a reliable store of value.
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