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The Great Cookie JarTaking the Mysteries
out of
the Money System
Dr. Edward E. Popp
Wisconsin Education Fund
P. O. Box 321
Port Washington, Wisconsin 53074
This book is dedicated
to all the persons who produce and distribute
useful goods
and to all who render
useful services.
They are the producers of
the wealth of the nation.
May they learn how to issue and use
bona fide credit certificates as currency
so that inflation, deflation, balance of
payments deficits, and government debts
will have no good reason to exist!
Copyright @ 1978 Edward E. Popp
Library of Congress Catalog Card Number: 78-62961
International Standard Book Number (ISBN): 0-960-0358-2-6
WISCONSIN EDUCATION FUND
P.O. Box 321 Port Washington
Wisconsin 53074
Manufactured in the United States of America
Contents
| Chapter | Page |
| Introduction | 1 |
| Preface | 3 |
| I. | Words must have definite meanings | 5 |
| II. | Qualities of the Items that Serve as Media of Exchange | 31 |
| III. | Gresham’s Law | 39 |
| IV. | Standard of Value | 42 |
| V. | When is the Exchange Value of Currency Determined? | 45 |
| VI. | A Unit Used to Express Exchange Value: A Unit of Account | 47 |
| VII. | The Pound | 69 |
| VIII. | The Dollar Coin and the Dollar Unit we use to Express Exchange Value | 76 |
| IX. | United States Coinage | 83 |
| X. | Money and the Constitution | 93 |
| XI. | The Fractional Reserve Banking System | 101 |
| XII. | The Federal Open Market Committee | 123 |
| XIII. | Debts | 127 |
| XIV. | The Devaluation of the Dollar | 149 |
| XV. | Questions and Answers | 153 |
| Index | 181 |
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