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A New Take on the Gold Standard?
Author Michael Perelman
Date 15/03/26/22:40
Hit Count 32

Keynes, in his Treatise on Money, in a footnote at the beginning of Chapter 35, referring to the love of money, as a footnote pointing to the work of the Hungarian psychoanalyst, Sandor Ferenczi, who was famous for his work on that subject. Ferenczi argued that the love of money was a continuation of infants’ fascination with their own feces.

Ferenczi, Sandor. 1914. “The Ontogenesis of Interest in Money.” In Sex in Psycho-Analysis (Contributions to Psycho-Analysis) (NY: Basic Books, 1950): pp. 319-31.

It turns out that Keynes and Ferenczi were up to something.

Devlin, Hannah. 2015. “Gold in faeces is worth millions and could save the environment.” The Guardian (25 March).


“Sewage sludge contains traces of gold, silver and platinum at levels that would be seen as commercially viable by traditional prospectors. “The gold we found was at the level of a minimal mineral deposit,” said Kathleen Smith…

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