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The decline of the West, Volume 2

Note 908 — Chapter XIII · THE FORM-WORLD OF ECONOMIC LIFE (A) MONEY

Charles Francis Atkinson translation

There is a close relation between our picture of the nature of electricity and the process of the “clearing-house,” in which the positive and negative money-positions of several firms (centres of tension) are equated amongst themselves by a purely mental act and the true position made presentable by a booking. Cf. Vol. I, Ch. XI.

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