[OPE-L:2963] Re: Re: Re: Re: Re: Re: Marx and Keynes and Riccardo on money

From: riccardo bellofiore (bellofio@cisi.unito.it)
Date: Sun Apr 30 2000 - 10:16:07 EDT

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At 16:47 +0100 29-04-2000, bhandari@Princeton.EDU (Rakesh Bhandari
(bhandari@Princeton.ED wrote:
>Perhaps it could be argued that the absurdities and
>nonsense--as well as actual disorder--are only heightened after the link to
>gold is broken? We therefore build on Marx's critique of fetishism in the
>analysis of fiat money.

Here I follow Schumpeter. The link to gold is NOT in the essence of money.
Of course, fetishism is there whatever kind of money you have.


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