Re: What are you reading now?
On Sep 11, 2007, at 5:44 AM, Rakesh Bhandari wrote:
commodities never themselves count as depositaries of abstract social labor time
So why are so many Marxists goldbugs who distrust fiat money as a
sham? Isn’t it because gold embodies labor time and credit money
doesn’t? Even if credit money is guaranteed by a state?
Doug