One more reason people want to be able to rely on the value of money, so that there is an actual benefit to save the surplus capital income to aquire more capital later-on.
Hence we are back on the old argument that money is more likely to have a consistent value, if it is redeemable for something of value by representing that same item of value. Gold appears to be general consensus here, is the best choice, but other items in finite supply can be used as well. To think that von Mises could have lived almost at any time since the Rennaissance and his thought would have been applicable to that time just as much as today... Cheers, Robert. budget & privacy hosting http://www.cyberica.net budget & privacy domain registrations http://www.u2planet.com e-commerce & e-business services http://www.cyfrocash.com start a profitable online business http://www.cyberfrontier.biz --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
