Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка v
... circulation · 4. Explanations and limitations of this principle 17 . 19 CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The value of money , in a state of freedom , conforms to the value of the bullion ...
... circulation · 4. Explanations and limitations of this principle 17 . 19 CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The value of money , in a state of freedom , conforms to the value of the bullion ...
Сторінка 13
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
Сторінка 15
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
Сторінка 17
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
Сторінка 18
... circulation is 100,000 / . , and each piece changes hands by the purchase of goods ten times in a month , the sales of goods for money which take place every month must amount on the average to 1,000,000 % . Rapidity of circulation ...
... circulation is 100,000 / . , and each piece changes hands by the purchase of goods ten times in a month , the sales of goods for money which take place every month must amount on the average to 1,000,000 % . Rapidity of circulation ...
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100 days labour 17 yards Adam Smith advantage amount assignats bank notes Bank of England bankers benefit book credits borrow bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production dealers debt depend depreciated diminished dities duction effect employed equal equation of international equivalent exactly exchange value existence expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement increase interchange international demand international values issue issuers labour and capital land law of value less loans lower means medium mode modities obtain paid paper currency payment permanent persons Poland portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money rate of interest rate of profit ratio rise of prices seignorage sell speculation suppose supposition theory things tion transactions value of money wages wanted whole yards of cloth yards of linen