Chapter 1: Why we use Money

The following people trade by exchange:

The caravans of Moors who go to Timbuktu, in the heart of Africa, do not need money.

But when a nation traffics with a great variety of merchandizes, money becomes necessary because a metal:

All nations have reciprocal wants.

Chapter 2: The Nature of Money

Money is a sign which represents the value of all merchandizes.

The Romans used sheep.

The Athenians used oxen.

As specie is the sign of the value of merchandizes, paper is the sign of the value of specie.

Money is the sign and representative of a thing just as every thing is a sign and representative of money.

Chapter 3: Ideal [nominal] Money

THERE is both real and ideal money.

To take away the source of this abuse, it would be an excellent law for all countries who want commerce to flourish, to:

Nothing should so exempt from variation, as that which is the common measure of all.

Chapter 4-5: The Quantity of Gold and Silver

WHILE civilized nations are the mistresses of the world, gold and silver, whether they draw it from amongst themselves, or fetch it from the mines, must increase every day.

THE bullion drawn from the American mines, imported into Europe, and from thence sent to the east, has greatly promoted the navigation of the European nations.

Next Chapter 6: Why Interest was lowered