Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 18
... million sterling , it is evident that the money required to circulate those goods is 100,000l . And conversely , if the money in circulation is 100,000 / . , and each piece changes hands by the purchase of goods ten times in a month ...
... million sterling , it is evident that the money required to circulate those goods is 100,000l . And conversely , if the money in circulation is 100,000 / . , and each piece changes hands by the purchase of goods ten times in a month ...
Сторінка 22
... million , " as certainly and immediately is reabsorbed and disappears . " * If extra currency were not forthcoming to make these extra payments , one of three things must happen . Either the payments must be made without money , by a ...
... million , " as certainly and immediately is reabsorbed and disappears . " * If extra currency were not forthcoming to make these extra payments , one of three things must happen . Either the payments must be made without money , by a ...
Сторінка 48
... in money , but in cheques on the Bank of England . By this contrivance , all the business transactions of the City of London during that day , amount . ing often to millions of pounds , and a vast 48 BOOK III . CHAPTER XI . § 6 .
... in money , but in cheques on the Bank of England . By this contrivance , all the business transactions of the City of London during that day , amount . ing often to millions of pounds , and a vast 48 BOOK III . CHAPTER XI . § 6 .
Сторінка 49
John Stuart Mill. ing often to millions of pounds , and a vast amount besides of country transactions , represented by bills which country bankers have drawn upon their London correspondents , are liquidated by payments not exceeding on ...
John Stuart Mill. ing often to millions of pounds , and a vast amount besides of country transactions , represented by bills which country bankers have drawn upon their London correspondents , are liquidated by payments not exceeding on ...
Сторінка 66
... millions , and the increase in speculative periods at most two or three . And even this , as we have seen , hardly ... millions sterling , and that it sometimes rises to 200 millions . meditating an extension of them : while the quantity ...
... millions , and the increase in speculative periods at most two or three . And even this , as we have seen , hardly ... millions sterling , and that it sometimes rises to 200 millions . meditating an extension of them : while the quantity ...
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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