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Aristotle

"Nicomachean Ethics"

That
demand holds things together as a single unit is shown by the fact
that when men do not need one another, i.e. when neither needs the
other or one does not need the other, they do not exchange, as we do
when some one wants what one has oneself, e.g. when people permit
the exportation of corn in exchange for wine. This equation
therefore must be established. And for the future exchange-that if
we do not need a thing now we shall have it if ever we do need
it-money is as it were our surety; for it must be possible for us to
get what we want by bringing the money. Now the same thing happens
to money itself as to goods-it is not always worth the same; yet it
tends to be steadier. This is why all goods must have a price set on
them; for then there will always be exchange, and if so, association
of man with man. Money, then, acting as a measure, makes goods
commensurate and equates them; for neither would there have been
association if there were not exchange, nor exchange if there were not
equality, nor equality if there were not commensurability. Now in
truth it is impossible that things differing so much should become
commensurate, but with reference to demand they may become so
sufficiently. There must, then, be a unit, and that fixed by agreement
(for which reason it is called money); for it is this that makes all
things commensurate, since all things are measured by money.


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