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<p>[QUOTE=&quot;Sulla80, post: 4582669, member: 99456&quot;]Thanks for highlighting this book - it also looked interesting to me.&nbsp; After browsing, it seems well worth the price of eBook, even cheaper if you &quot;rent&quot; temporarily through services like<a href="https://www.amazon.com/Money-Currency-Crisis-Routledge-Explorations-ebook-dp-B07D6NS81C/dp/B07D6NS81C/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.amazon.com/Money-Currency-Crisis-Routledge-Explorations-ebook-dp-B07D6NS81C/dp/B07D6NS81C/" rel="nofollow"> Amazon.com for Kindle</a>, some of these might be available to readers in specific countries.&nbsp; A couple of quotes directly on the topics you highlighted:</p><p>&nbsp;</p><blockquote><blockquote><p><font size="4">&quot;Silver weight conversion is unhistorical because the theoretical weight significantly exceeded the reality, but the idea of calculating in terms of silver weight is also philosophically flawed, in so far as it assumes (as Locke did) that silver provides some kind of constant yardstick which can be applied over centuries and continents. In fact, the value of silver varied markedly over time and place.&quot;</font></p><p><font size="4">...</font></p><p><font size="4">&quot;In any case, the original data on prices and wages have first to be collected in nominal face-value prices. The cost of living can then be calculated relative to the wages of craftsmen or labourers, yielding a simple ratio, free of currency complications, which can still be compared internationally or over time. Converting the raw prices and wages to silver weight does not alter the ratio derived from nominal face-value prices and wages, but is an unnecessary additional calculation, which may introduce error.&quot;</font></p></blockquote></blockquote><p>[/QUOTE]</p><p><br /></p>

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