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To: Wildstar who wrote (142)	10/1/2002 9:04:22 PM
From: Don Lloyd	Respond to of 445

Wildstar, [[The purchasing power of money depends on the both the supply of, and the demand for, money, and on both the supply of, and the demand for, goods. When gold or silver is added to someone's store of future purchasing power, this is probably best seen as a reduction in the demand for actual money.]] Can I conclude that when gold is added to someone's store of future purchasing power, the purchasing power of money goes down? Yes, if his demand for future purchasing power is unchanged, or at least doesn't increase by enough to offset the addition of the gold. Regards, Don