Re: FW: on money, gold etc again

Eva Ekeblad (eva.ekeblad who-is-at ped.gu.se)
Tue, 28 Jul 1998 19:27:45 +0200

At 15.26 +0100 98-07-28, Peter Jones answered my question about gold:
>don't have the details in front of
>me (will look it up!)

Yes do, if you enjoy the discussion -- otherwise, don't feel obliged.
"Historically" is a good-enough answer for the "why gold" for me.

Thanks also for the distinction between the place-holding function of money
and money as a measure of value. I can see that the gold is, somehow, used
to fix this measure, to keep it in place, so to speak. On the other hand,
what happened to the "socially necessary labour time" as the measure of
value?

Eva