Dollars Or What a Little Common Sense Applied to Silver As Money

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Dollars Or What a Little Common Sense Applied to Silver As Money
W B Mitchell
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But suppose it were a fluctuating measure, a little more today, a little less tomorrow what confusion would re- sult! When the farmer sold his wheat he would be obliged to do a complicated sum in mathematics to find out how much he got for it.
Yet there would be less confusion in a changing grain measure than in a changing money measure, because the effect of the latter would be more general.
And a silver standard would be such a money measure because silver is a commoditv of uncertain market v
...alue.
K WHAT? 45 \Vith a silver basis,

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