Karl Marx quote: Gold is now money with reference to all other commodities...

Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity.

Karl Marx

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Karl Marx (2016). “Capital: A Critique of Political Economy. Volume I: The Economist”, p.27, VM eBooks

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Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity. - Karl Marx

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