Monetary Policy and Standards Message Board

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Non-Tech : Monetary Policy and Standards

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To: Hawkmoon who wrote (10)	8/22/1999 7:04:00 PM
From: goldsheet	Read Replies (1) of 29

I was looking for a definition of money at dismal.com and came across an essay "Commodities Fall Short" dismal.com This paragraph caught my attention: "To be an effective store of value and thus a good indicator of asset price inflation, a commodity market must be characterized by stable supply and demand conditions. Low volatility of demand over the short-term and moderate growth in supply productivity over the long-term is desirable. No significant commodity market has met these conditions over the past twenty years"

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