a fixed standard of value
- What effect does the great durability of gold and silver have upon the value of money?
- How far does the law of demand and supply govern the value of money?
- Explain fully how it is that the value of the precious metals is affected by “questions of quantity only, with little reference to cost of production.”
- What is to be said to the following: “Some political economists have objected altogether to the statement that the value of money depends on its quantity combined with the rapidity of circulation; which, they think, is assuming a law for money that does not exist for