ABSTRACT
A circulating medium did not create wealth; but it simplified all the relations, and facilitated all the transactions of commerce; it gave to each the means of finding sooner what suited him best; and thus presenting an advantage to every one, it still further increased the wealth, which was already increasing without it. The income of the wealthy was equally measured by money, and it also needed a social effort of attention to remember at all that money is but momentarily its measure; whereas the income comprises in reality that part of consumable wealth the rich exchange against another part of the same wealth, of the same value, destined to provide for their needs. With the income they bought the goods they needed or desired for their consumption; this was their expenditure; and through these two contracts the exchange was completed.
