Full text : Die Theorie des Geldes

2

Capitel  I.
Und  endlich  behauptet  man,  dass  das  Geld  eine
Waare  sei,  die  sich  von  anderen  Waaren  nur  dadurch

interest  and  raising  the  value  of  money  1691  II  ed.  London  1696.
p.  31:  ^.Mankind,  having  consented  to  put  an  imaginary  value
upon  gold  and  silver,  hy  reason  of  their  durableness,  scarcely,  and
not  being  very  liable  to  be  counterfeited,  have  made  them,  by  general
consent,  the  common  pledges,  tvhereby  men  are  assured,  in  exchange
for  them,  to  receive  equally  valuable  things,  to  those  they  parted
with,  for  any  quantity  of  these  metals/*
D.  Hume,  Ess.  &  Treat,  vol.  II.  London  1754  p.  54:  „Of
money“:  ,,Money  is  nothing  but  the  represen  tation  of  labour
and  commodities  and  serves  only  as  a  method  of  rating  or  estimating ­
  them.'*  „Of  interest“  :  ,,Money  having  merely  a  fictitious
value,  arising  from  the  agreement  and  convention  of  men**.
Vgl.  auch  Montesquieu,  de  l’esprit  des  lois  L.  XXII  Ch.II:
,,La  monnaie  est  un  signe  qui  represente  la  valeur  de  toutes
les  marchandises.**
In  neuerer  Zeit  sind  einige  Schriftsteller  in  diese  Auffassung
zurückgefallen.  So  insbesondere  Macleod,  Diet,  of  pol.  economy.
London  1863.  vol.  V.  Art.  Currency:  „IVhatever  material  the
currency  may  consist  of,  it  represents  transferable  debt  and
nothing  else.  The  true  character  of  money  being  a  pledge.  As
he  takes  is  not  for  any  direct  use  it  can  be  to  him,  but  only
because  he  believes  he  can  get  what  he  wants  when  he  pleases  ,  it
is  general  credit,  or  a  bill  of  exchange  on  the  commercial  community.** ­

AehnlichS.  Oppenheim,  „dieNatur  des  Geldes“  (Mainz  1855).
Alle  diese  Schriftsteller  übersehen,  dass,  wenn  auch  das  Geld
bei  jedem  Einzelnen  zunächst  nur  deshalb  Annahme  findet,
weil  man  sich  vermittelst  desselben  Alles  andere  zu  verschaffen  im
Stande  ist,  der  Werth  des  Geldes  in  letzter  Instanz  doch
            
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