Die Theorie des Geldes

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Monograph

Identifikator:: 82999274X

URN:: urn:nbn:de:zbw-retromon-86719

Document type:: Monograph

Author:: Hildebrand, Richard http://d-nb.info/gnd/116803169

Title:: Die Theorie des Geldes

Place of publication:: Jena

Publisher:: Fischer

Year of publication:: 1883

Scope:: 1 Online-Ressource (V, 146 S.)

Collection:: Economics Books

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105 Geldmenge und Wtmrenjtreise. des immer eine entsprechende Zunahme, jede Ver minderung des im Umlaufe befindlichen Geldes immer whal they are hoarding, or at least keeping by them as a reserve for future contingencies. The supply of money, in short, is all the money in circulation at the time.*‘ — ,,The demand of money, again, consists of all the goods offered for sale. Every seller of goods is (I buyer of money, and the goods he brings with him constitute his demand. .4s the whole of the goods in the market compose the demand for money, so the whole of the money, con stitutes the demand for goods.^^ — „The money and the goods are seeking each other for the purpose of being exchanged. They are reciprocally supply and demand me another. p. 299: iffhe value of money, other things being the same, varies inversely as its quantity, every increase oj quantity lowering the value and every diminution raising it, in a ratio exactly equivalent^ — „The whole of the goods being in any case exchanged for the whole of the money which comes into the market to be laid out, they will sell for less or more of it, exactly according as less or more is brought^ p. 300: „The proposition u Inch we have laid down respecting the dependence of general prices upon the quantity of money in circulation, must be understood as applying only to a state of things in which money, that is gold or silicr, IS the exclusive instrument of exchange, and actually passes from hand to hand at every purchase, credit in any of its shapes being unknown.^^ p. 301: „That an increase of the quan- f ^ nt **f money raises prices, and a diminution lowers them, IS the most elementary proposition in the theory of curren ey, and without it we should have no key to af the other.** Ch. XII.: ,,t)lher things being the saint, an increase of the money in circulation raises prices, a diminution lowers them.** B. III. Ch. 22. p.381:

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