An asset that is used for its use value as an input to an economic process.

Examples of commodities include:

  • Petroleum
  • Wheat
  • Pork
  • Aluminium


  1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’.
  2. Binder, Carola. 2021. ‘Technopopulism and Central Banks’. SSRN Electronic Journal.
  3. Braun, Benjamin, and Daniela Gabor. 2019. ‘Central Banking, Shadow Banking, and Infrastructural Power’.