Sunday, September 8, 2013

Money Wisdom #173

"With the defeat of Bonaparte at Waterloo, the gold standard became a legal concept. In a period that lasted from the aftermath of Waterloo to the preparations for Mons - that is, from 1821 to 1914 - the English authorised an autonomous control for the impulses conveyed by money, what Freud might have called a monetary Super-Ego."

James Buchan Frozen Desire (1997) p.163

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