Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 14
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
Сторінка 15
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penuy , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penuy , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
Сторінка 16
... raising it , in a ratio exactly equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities generally , that every diminution of supply raised the value exactly in pro ...
... raising it , in a ratio exactly equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities generally , that every diminution of supply raised the value exactly in pro ...
Сторінка 20
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
Сторінка 21
... raise the prices of those different securities , or in other words would lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and ...
... raise the prices of those different securities , or in other words would lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and ...
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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