Chapter IV. Of Money.

§ 1. The three functions of Money-a Common Denominator of Value, a Medium of Exchange, a "Standard of Value". § 2. Gold and Silver, why fitted for those purposes. § 3. Money a mere contrivance for facilitating exchanges, which does not affect the laws of value.

§ 1. Value of Money, an ambiguous expression. § 2. The Value of Money depends on its quantity. § 3. -Together with the Rapidity of Circulation. § 4. Explanations and Limitations of this Principle.