Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 32
... million sterling , it is evident that the money required to circulate those goods is 100,0007 . And conversely , if the money in circulation is 100,000Z . , 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 100,0007 . And conversely , if the money in circulation is 100,000Z . , and each piece changes hands by the purchase of goods ten times in a month ...
Сторінка 36
... 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 re ...
... 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 re ...
Сторінка 62
... millions of pounds , and a vast amount besides of country transactions , represented by bills which country bankers have drawn upon their London correspondents , are liqui- dated by payments not exceeding on the average 200,000Z ...
... millions of pounds , and a vast amount besides of country transactions , represented by bills which country bankers have drawn upon their London correspondents , are liqui- dated by payments not exceeding on the average 200,000Z ...
Сторінка 80
... 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 . limitation of the issue of bank notes has been ...
... 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 . limitation of the issue of bank notes has been ...
Сторінка 156
... million of cloth for two millions of linen ; being the quantity that the German clothiers are enabled to make , by transferring their whole labour and capital from cloth to linen . Thus England would gain the whole benefit of the trade ...
... million of cloth for two millions of linen ; being the quantity that the German clothiers are enabled to make , by transferring their whole labour and capital from cloth to linen . Thus England would gain the whole benefit of the trade ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen