The Twentieth Century Money Law
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In our eReader you can find the full English version of the book. Read The Twentieth Century Money Law Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Twentieth Century Money Law
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The only supremacy which silver and gold coin units have over paper and other credit units and it is indeed a very im- portant and significant supremacy is their natural identity of value, weight for weight, with the silver and gold commodity, the very best " standard-measure " embodyment of labor. The commodity precious metals being always on one side of the value measure equation ; and the money precious metal always on the other side, in a half barter function, a part of the volume of credit... units.
169. A. In Economics the basic Law may be defined (alliteratively) ( A :) The Law of Labor- Valuation : 172 ADEDNDA.
B : The primal reference " Standard " will be the ideality, Nature's and-Man's joint and insep- arable Labor: C : " The standard-measure is not at all silver or gold Money " ; but is absolutely Silver-and- Gold Commodity.
D: The silver and gold money will if not " cornered " by the legal-tender Law, naturally hold the value of this " Standard Measure " : E: The paper money will if held to parity with it, maintain the value of the (not-then- cornered) " Silver and Gold Money ": F: All the credit units in use so far.
What to read after The Twentieth Century Money Law?
You can find similar books in the "Read Also" column, or choose other free books by Timothy Wright to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The only supremacy which silver and gold coin units have over paper and other credit units and it is indeed a very im- portant and significant supremacy is their natural identity of value, weight for weight, with the silver and gold commodity, the very best " standard-measure " embodyment of labor. The commodity precious metals being always on one side of the value measure equation ; and the money precious metal always on the other side, in a half barter function, a part of the volume of credit... units.
169. A. In Economics the basic Law may be defined (alliteratively) ( A :) The Law of Labor- Valuation : 172 ADEDNDA.
B : The primal reference " Standard " will be the ideality, Nature's and-Man's joint and insep- arable Labor: C : " The standard-measure is not at all silver or gold Money " ; but is absolutely Silver-and- Gold Commodity.
D: The silver and gold money will if not " cornered " by the legal-tender Law, naturally hold the value of this " Standard Measure " : E: The paper money will if held to parity with it, maintain the value of the (not-then- cornered) " Silver and Gold Money ": F: All the credit units in use so far.
What to read after The Twentieth Century Money Law?
You can find similar books in the "Read Also" column, or choose other free books by Timothy Wright to read onlineMoreLess
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