Auri Sacra Fames (September 1930)

John Maynard Keynes

Chapter 1 in Essays in Persuasion, 2010, pp 161-163 from Palgrave Macmillan

Abstract: Abstract The choice of gold as a standard of value is chiefly based on tradition. In the days before the evolution of representative money it was natural, for reasons which have been many times told, to choose one or more of the metals as the most suitable commodity for holding a store of value or a command of purchasing power.

Keywords: Central Bank; Fiat Money; Civilise World; Longe Pass; Modern Liner (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/978-1-349-59072-8_13

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