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Reflections on the Formation and Distribution of Wealth

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45. The use of gold and silver, as money, has augmented their value as materials.

It is not possible, but the eagerness with which every one has sought to exchange their superfluous commodities for gold and silver, rather than for any other commodity, must have augmented the value of these two materials in commerce. These are only thereby rendered more commodious for their employment as tokens, or common measure.