Monetary and Industrial Fallacies

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Excerpt from Monetary and Industrial Fallacies: A DialogueN. S. B. We were discussing the question of money. I was endeavoring to show that all money, including gold and silver, must be taken out of the category of ordinary com modities, if we desire to understand its true nature and use, and until these are understood, it is but irony to talk about the science of political economy even as respects the produc tion and exchange of the whole commercial world still less as respects the industry and commerce of such nations as Great Britain and the United States.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.