As a universal equivalent, money works only as the medium of exchange of commodities, i. e., two paid labors.

作为一般等价物，货币只能充当已经形成的商品的交换媒介，也就是实现两个已经付出的劳动的交换。

youdao

In the circulation of currency exchange as the universal equivalent, the text is also a sign of its special status.

货币作为在流通中交换的一般等价物，其上的文字也标志了它的特殊身份。

youdao

The main features of currency are its financial and circulatory characteristics on the basis of being a universal equivalent.

货币最主要的特性是在一般等价物的基础之上，所拥有的金融性和流通性。

youdao

The starting point for that program, the twenty-first-century equivalent of Social Security, should be universal health care, something every other advanced country already has.

NPR: Krugman: Income Inequality Pricks 'Conscience'