Money

The metallic medium of exchange is explored, as is the replacement of gold by paper money. The value of money and its three main functions, as a medium of exchange, as a standard of value and as a store of wealth are treated. Information about a standard for deferred payments are also covered.

Two of the six chapters deal with the never ceasing trouble of counterfeiting, to up-to-date measures being taken to deter its use. The exploits of counterfeiters, infamous, yet colorful, past and present are highlighted.

The book includes a forty-one word glossary about useful economic terms, suggestions for further reading and a three page list of works consulted for the extensive research of the book.