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Auri Sacra Fames (September 1930)

In: Essays in Persuasion

Author

Listed:
  • John Maynard Keynes

Abstract

The choice of gold as a standard of value is chiefly based on tradition. In the days before the evolution of representative money it was natural, for reasons which have been many times told, to choose one or more of the metals as the most suitable commodity for holding a store of value or a command of purchasing power.

Suggested Citation

  • John Maynard Keynes, 2010. "Auri Sacra Fames (September 1930)," Palgrave Macmillan Books, in: Essays in Persuasion, chapter 1, pages 161-163, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-59072-8_13
    DOI: 10.1007/978-1-349-59072-8_13
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