On the record
Regarding gold as merchandise, we see how clearly in certain places and under certain circumstances it escapes from the scientific laws applicable especially to coinage.
Source
gutenberg.orgCharles Sumner: “Regarding gold as merchandise, we see how clearly in certain places and under certain circumstances it escapes from the…”
Editor's note · Context
Sumner highlights how gold can sometimes defy traditional economic laws when viewed as merchandise.
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