Jim: > gold money isn't fiat, though it usually involves some role for the > state (i.e., certifying that coins are pure gold, etc.) Gold money is > money because it's naturally scarce ...
Not at all, Jim! Gold is not scarce. Gold is infinitely divisible. Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
