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History of Economic and Political Thought

Vol. 2 No. 2 (2014)

On the Alteration of Money – Part 2

  • Juan de Mariana
DOI
https://doi.org/10.30800/mises.2014.v2.653
Submitted
June 19, 2018
Published
2014-12-01

Abstract

Mariana thoroughly discusses all the problems caused by the change in copper coin, does the same for the silver coin, showing that, by having higher quality and also the issue of supply compared to gold and copper, the damage caused by this practice are larger than those caused in the case of copper. Then discusses the golden money and finally criticizes the practice of the princes of spending the money of his subjects.

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