ABSTRACT
This possibility results from the double fact that (1) the [ratios of the] prices are equal to the ratios of the raretés, and that (2) all other things being equal, the rareté of the money commodity is approximately inversely proportional to its quantity. The rigorous demonstration of these two facts implies pure economics that is completely new andwhollymathematical. But in the first two parts of the present Theory ofmoney I have summarized this formof pure economics and the demonstration [128] to which it leads; this allows me to make the assumption already spoken of. Now under this assumption, the problem presented is the following.
