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 Page 5 8 CHAPTER VIII. Of the Value of Money, as dependent on § 1. Value of Money, an ambiguous expression 11 2. The value of money depends, cæteris paribus, on its quantity 12 3. together with the rapidity of circulation 4. Explanations and limitations of this principle 17 19 CHAPTER IX. Of the Value of Money, as dependent on Cost § 1. The value of money, in a state of freedom, conforms to the 23 2. which is determined by the cost of production 26 3. This law, how related to the principle laid down in the pre- 28 |