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tegwick 098b781f92 infospace: process book-1-chapter-05

Extract entities, map to VSM, and synthesize analysis.

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Fluctuations in Value of Gold and Silver

Definition

The variations in the purchasing power and worth of precious metals over time, caused by changes in mine productivity, discoveries of new sources, and shifts in market conditions.

Source Chapter

Book I, Chapter 5

Context

Smith discusses how these fluctuations make gold and silver unreliable measures of value, using the discovery of American mines as a key example of how such changes can dramatically affect prices.

Economic Domain

Exchange

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