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A history of economic doctrines

Note 675 — Chapter V · : PROUDHON AND THE SOCIALISM OF 1848

R. (Robert) Richards translation

“The whole problem of circulation is how to make the exchange note universally acceptable, how to secure that it shall always be exchangeable for goods and services and convertible at sight.” (Organisation du Crédit, Œuvres, vol. vi, pp. 113, 114.)

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