Does "speculative currency" in the text below mean "money"?
Fetishism is a process, then, that allows for the simultaneous action of two contradictory meanings. It is a symbolic process at the level of the unconscious, involving an over-determined investment in an object through sight. This over-investment in the object is often applied to works of visual art in general, photography in particular, due to its analogical fixing and preservation due to its analogical fixing and preservation of an object, person or scene now lost in time. As the Surrealist-affiliated writer George Bataille once said, ‘No fetishist ever loved an old shoe more than an art lover ever loved a work of art.’ In this telling statement, we find an amalgamation of sexual and commodity fetishism, in that the standard against which value is being ascribed to the object is outside the logic of exchange, in the former case the phallus, in the latter gold, or more recently speculative currency. In fact, the French philosopher Jean Baudrillard suggests that just as the gold standard has transmogrified into the reification of speculative currency as the impossible imaginary standard by which values are ascribed, the phallus itself has transmogrified to become distributed and mobilised across the body as a whole (Art and Psychoanalysis by Maria Walsh).