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Through the centuries, two commodities, gold and silver, have emerged as money PDF Print E-mail
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Monday, 05 April 2010 10:41

Through the centuries, two commodities, gold and silver, have emerged as money in the free competition of the market. ... If paper notes or bank deposits are used as money substitutes . . . [they] are simply warehouse receipts for actually deposited gold ... as a convenient stand-in for gold, not as an increment.

— Murray N. Rothbard

What Has Government Done to Our Money?

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Last Updated on Monday, 05 April 2010 10:43