The Dollar: Independent Name or Unit of Weight?
If dollars are things in themselves, why may not everyone manufacture them?
Source: Mises Institute
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DW NOTE
Rothbard's argument cuts through the semantic fog: the dollar was not a price fixed to gold but a weight of gold given a name. The confusion comes later — after governments severed the definition and treated the label as the thing itself. A dollar was 1/20.67 of an ounce. That is not price-fixing; it is arithmetic.