Is Gold Jewelry Money?

“ Money ” is the Reserves not the Money ∗

In this paper I will argue that the institutional implementations that we commonly include in our monetary aggregates are actually more similar to the concept of monetary base. I will also argue that the institutional implementation of accounts payable operates as money. This slightly translated definition implies that a new monetary aggregate that includes accounts payable may be useful for co...

Gold and Silver Jewelry from Central Balkan Provinces of Roman Empire

I n the first century of Roman domination silver jewelry in the Balkan region is very numerous, and local production of these decorations lasted until the middle of the 3rd century. In that production an important role played the autochthonous component. Gold jewelry from this region is of East-Mediterranean origin, and some shapes of ornaments and use of the techinques of filigree and granulat...

Application of PIXE to the study of Renaissance style enamelled gold jewelry

This study examines and compares three pieces of Renaissance style gold and enamelled jewelry owned by the Walters Art Gallery, Baltimore, MD, USA. These are a 16th century Hat Badge of Adam and Eve, a 19th century Fortitude Pendant and a Diana Pendant presumed to be of the 16th century (The Walters Art Gallery, Jewelry, Ancient to Modern (Viking, New York, 1979)), Ref. [1]. PIXE spectroscopy w...

Money Is Privacy

An extensive literature in monetary theory has emphasized the role of money as a recordkeeping device. Money assumes this role in situations where using credit would be too costly, and some might argue that this role will diminish as the cost of information, and thus the cost of credit-based transactions, continues to fall. In this paper we investigate another use for money: the provision of pr...

What is Money?