Of The Value Of Money, As Dependent On Demand And Supply.

  • § 1. Value of Money, an ambiguous expression.
  • § 2. The Value of Money depends on its quantity.
  • § 3. —Together with the Rapidity of Circulation.
  • § 4. Explanations and Limitations of this Principle.
  • Chapter VI. Of The Value Of Money, As Dependent On Cost Of Production.
  • § 1. The value of Money, in a state of Freedom, conforms to the value of the Bullion contained in it.
  • § 2. —Which is determined by the cost of production.
  • § 3. This law, how related to the principle laid down in the preceding chapter.
  • Chapter VII. Of A Double Standard And Subsidiary Coins.
  • § 1. Objections to a Double Standard.
  • § 2. The use of the two metals as money, and the management of Subsidiary Coins.
  • § 3. The experience of the United States with a double standard from 1792 to 1883.
  • Chapter VIII. Of Credit, As A Substitute For Money.
  • § 1. Credit not a creation but a Transfer of the means of Production.
  • § 2. In what manner it assists Production.
  • § 3. Function of Credit in economizing the use of Money.
  • § 4. Bills of Exchange.
  • § 5. Promissory Notes.
  • § 6. Deposits and Checks.
  • Chapter IX. Influence Of Credit On Prices.
  • § 1. What acts on prices is Credit, in whatever shape given.
  • § 2. Credit a purchasing Power, similar to Money.
  • § 3. Great extensions and contractions of Credit. Phenomena of a commercial crisis analyzed.
  • § 4. Influence of the different forms of Credit on Prices.
  • § 5. On what the use of Credit depends.
  • § 6. What is essential to the idea of Money?
  • Chapter X. Of An Inconvertible Paper Currency.
  • § 1. What determines the value of an inconvertible paper money?
  • § 2.