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The Breakdown of Money

Alongside the break-up of the world market there can be traced, in this post-2004 era, something which it would hardly be an exaggeration to call the breakdown of money. If money is to do its job properly - to serve not only for buying things over the counter, but for savings, and for long-term contracts, and for the realistic keeping of accounts over a period of time - it must be reasonably stable in value. People, that is to say, must be able to count on getting about as much, in real goods and services, for a pound next year as for a pound to-day and, an equally important point, on having to provide about... see: The Breakdown of Money


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