Show i THE WAY V AY WE VE LOSE MONEY Money is not a commodity it j jis t is a medium for the exchange of oft t 1 commodities And commodities commodities ties means either goods or la labor la- la bor Under proper conditions a man who pays out money does docs not part with anything he lie merely gives up something that he has received for value in ill 4 transaction an and some previous I receives value Q back cJ again In L. L other words all through his lifes life s he gives up commodity for money money money mon mon- ey and money for commodity int in t it itself itself it- it 1 I endless The money 1 in the transaction transaction trans trans- self is nothing not more v action than the wagon that delivers der det de de- de- de t r livers the goods So long as this circle is unbroken i. i en goods en-goods goods for mon money y and money for goods the goods the balance of trade 1 so 80 far as this man is concerned f is maintained He has not only x 1 a place in which to buy but but also als i Jt- Jt a place in which to sell for the money is at hand to serve as the medium either ither way r Y But suppose he lie buys a com corn commodity commodity there there- aud and pays money for for or And suppose a li little tle later J he has a commodity of his own to tot SiS t sell sel in order that he may have ha haver r his mone money returned to him And Amid i now suppose the mone money has hus dis dis- 4 tt appeared Then if the money h has s left the community the community community com com- com I can not bu buy his goods It ma may be the man roan himself is r. r to blame It may be that has fallen into the habit of send ing ng his money aWa away to sonic sOllie some distant dis- dis j r t tant tnt tan nt community wh when n he desired t to buy commodities and has been I- I unreasonable enough to expect it to be close at hand to serve as f the medium of exchange when he le desires to sell In other words he has hus furnished some l other community with the medium med- med 5 ium tam of exchange instead of keeping keep keep- jig ing the tle medium of exchange in his own community where it willbe will 1 be available when he lie requires its services r That seems very foolish What Whal makes the man do it Maybe l r rOO- rOO I he thinks he lie can get goods for fl less lees mone money that Va way But i if ifS ifS' r S' S his sending awa away of the medium r of exchange makes it scarce in inS int inthe t S the community and arrests the development of the community i cant can't nt he see that wh when n he again V I wishes to exchange his Ius goods foriS fori'S for i'S f Y other he peoples people's money will receive re receive re- re J J e cei less money for his goods goods' r That he be ma may T even have to ri 3 send the goods where he sent the theft ft in order to the tIle money moner get money f back again agam I |