October 2023
M T W T F S S
« Sep    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Categories

Archives

Archives

Debunking the Intrinsic Value Argument

I have to admit to having updated my mind about the “intrinsic value” argument that many people cite as a justification for treating gold as a money (vs paper currency). I’ve previously attempted to explain away this argument as a side-effect of other properties[Gold is Money] or to dismiss it as an unrelated feature[The Commodity […]