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CONTENTS
OF
THE SECOND VOLUME.
BOOK III.
EXCHANGE.-(Continued.)
CHAPTER VII. Of Money.
§ 1. PURPOSES of a Circulating Medium
2. Gold and Silver, why fitted for those purposes
3. Money a mere contrivance for facilitating exchanges, which
does not affect the laws of Value
Page
3
5
8
CHAPTER VIII. Of the Value of Money, as dependent on
Demand and Supply.
§ 1. Value of Money, an ambiguous expression.
11
2. The value of money depends, cæteris paribus, on its quantity 12
together with the rapidity of circulation
3.
-
4. Explanations and limitations of this principle
17
19
CHAPTER IX. 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.
3. This law, how related to the principle laid down in the pre-
ceding chapter