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Source link: http://archive.mises.org/17116/what-is-money/

What Is Money?

May 27, 2011 by

A man would die of hunger who, having decided that money is real wealth, should carry out the idea to the end. FULL ARTICLE by Frederic Bastiat

{ 8 comments }

William P May 27, 2011 at 8:41 am

This is my favorite Bastiat essay. For those who do not understand money, there’s no better explanation! Reading and thinking about this piece opened my eyes up to a whole new way of thinking.

GSL May 27, 2011 at 11:26 am

We had fun with this subject back in March.

r May 27, 2011 at 1:37 pm

What an excellent essay, in a delightful 19th century style.

Cash for Gold May 27, 2011 at 7:37 pm

What a fascinating read! Thanks for the excellent work :)

Havvy May 28, 2011 at 12:49 am

I, unlike B, am without patience. Maybe I shall try again in the morning.

David May 28, 2011 at 2:52 am

I wonder if Bernanke has ever read this?

Alexis May 29, 2011 at 5:28 pm

Real wealth is in tangible goods… not the “promise” of monetary value which is exactly what money is.

Cash for gold orange county June 24, 2011 at 1:58 am

Thanks for the article! Bernanke definitely need to take a look at that

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