Re: recent references on 'problem' of money commodity?

From: glevy@PRATT.EDU
Date: Wed Dec 01 2004 - 15:00:16 EST 

> You might be right in claiming that gold is no longer money today, but
> your arguments are unconvincing and don't support your claim. The essence
> of your argument is that gold is not money because it does not circulate
> as money.

Claus,

I was simply replying to  arguments advanced by Paul B.  I was explaining
to him why I found  _his_ arguments to be unconvincing.   I was aware of
the fact that you  were not making quite the same claims as Paul B.

In solidarity, Jerry

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