Dear all, If you could slow down this debate slightly, please can anyone tell me if in Marx's own day what the relation between the amount of gold in the economy and the amount of other commodies being exchanged was. Was there (at that time) enough gold he;d to honour all the transactions? And if there was not (and I believe there wasn't) what was the cause of the short-fall? I hope this is quite simple and could allow some point of agreement before the discussion sinks into a tirade of abuse unrelated to the question on Marx's undersanding of the fuction of Gold as the measure of value. Kind regards, john walker --- from list [EMAIL PROTECTED] ---