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ON CURRENCY AND CURRENCY OF GOLD AND SILVER

KE Shui-yun

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Abstract

the basis of On Capitalby Marx,the theorists believe that they may divide the process of currency's emergence into four,and they may equate the stage of the currency with the stage of gold and silver.They believe that the currency is the currency of gold and silver.On the basis of the data concerned,this essay poses new standpoints:we may divide the process of currency's emergence into five.We mayn't equate currency with currency gold and silver,the currency comes earlier than the currency of gold and silver,and expounds the basis of these new standpoints.

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What this paper is about

the basis of On Capitalby Marx,the theorists believe that they may divide the process of currency's emergence into four,and they may equate the stage of the currency with the stage of gold and silver.They believe that the currency is the currency of gold and silver.On the basis of the data concerned,this essay poses new standpoints:we may divide the process of currency's emergence into five.We mayn't equate currency with currency gold and silver,the currency comes earlier than the currency of gold and silver,and expounds the basis of these new standpoints.

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Available abstract

the basis of On Capitalby Marx,the theorists believe that they may divide the process of currency's emergence into four,and they may equate the stage of the currency with the stage of gold and silver.They believe that the currency is the currency of gold and silver.On the basis of the data concerned,this essay poses new standpoints:we may divide the process of currency's emergence into five.We mayn't equate currency with currency gold and silver,the currency comes earlier than the currency of gold and silver,and expounds the basis of these new standpoints.

Key concepts: Currency, Devaluation, Economics, Reserve currency, Gold standard (test), Foreign exchange risk, Monetary economics, Commerce

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