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<p>A circulating medium, to fulfill its destination, <lb/>must either possess <add>of</add> itself an intrinsic <lb/>value (a value equal to that which is ascribed<lb/> to it) or convey an assurance, <add>practically speaking</add> and that, an<lb/> infallible <add>a never failing</add> one, of something which has <add>does possess</add> an<lb/> <add>such an </add>intrinsic value, which <hi rend='underline'>is</hi> in possession of such <lb/>a value. <hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi> in the language of Adam Smith</note> It must either <add>itself</add> have a <hi rend='underline'>value in<lb/> use</hi> to us <del>t</del> or <add><del>affor</del> <add>convey a</add></add> promise, <add>accompanied</add> with apparent <lb/> certainty of fulfillment the possession of something <lb/>which has a value in use, or it can not be <lb/>made to possess the required <add>supposed</add> <hi rend='underline'>value in exchange</hi> <lb/> Gold and Silver do <del>p</del> both of them possess this<lb/> value in use; whence the foundation and the sole <lb/>foundation of their value in exchange. | |||
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A circulating medium, to fulfill its destination,
must either possess of itself an intrinsic
value (a value equal to that which is ascribed
to it) or convey an assurance, practically speaking and that, an
infallible a never failing one, of something which has does possess an
such an intrinsic value, which is in possession of such
a value. + + in the language of Adam Smith It must either itself have a value in
use to us t or affor <add>convey a</add> promise, accompanied with apparent
certainty of fulfillment the possession of something
which has a value in use, or it can not be
made to possess the required supposed value in exchange
Gold and Silver do p both of them possess this
value in use; whence the foundation and the sole
foundation of their value in exchange.
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Identifier: | JB/002/588/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
annuity notes |
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588 |
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001 |
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text sheet |
1 |
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recto |
e3 |
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jeremy bentham |
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1327 |
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