View single post by bear
 Posted: Thu Jul 25th, 2013 12:38 pm
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bear

 

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Mana: 
 Joe, I think I remember that money should not be made scarce and that we could use rocks for money. Now I am reading this on page 127 and I am not understanding:

If there is a finite unchanging amount of Legal Money then that same, steady, known, finite, and accurately accounted for supply of that exact amount of money, without increase or decrease in that finite supply of money, gains purchasing power as Productive Power increases to a condition of oversupply, and meanwhile the price of Productive Power decreases.

Do you have time to help me understand?