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Re: [OPE-L] Where does the money comer from : was Why aren't non-labourers sources of value?



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Claus wrote

The expansion in the use of banknotes depended, I think, on the
development of the banking system, geographically and in terms of safety,
which on the other hand was dependent on the development of the means of
communication, including transport. Thus it is not a purely ?monetary?
phenomenon.


even in what is I imagine your third language, your points are so illuminating that I wish I could agree with your analysis of the role of gold today!

yours, rb



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