THE ORETICAL ASPECTS OF THE ESSENCE OF MONETARY CIRCULATION
The article reveals the essence of money circulation through the analysis of approaches that characterize the essence of money. The European and American concepts of defining monetary functions are studied. It is concluded that the American concept of the function of money does not reflect all the processes of the market economy, as it applies to the market of means of production and to the market of industrial and food products for the population. The features of the reproductive nature of money are studied. The author notes the realities of the modern Russian market, the processes of demonetization and dematerialization of money.