So that it cannot be denied, but the lowering of Interest…
“So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
High interest rates attract foreign capital, while low rates discourage it, affecting trade flows.
In simple terms: High rates bring money in, low rates push it out.
Adjust rates to balance trade.
Themes
Mood
Type
When to use this quote
- government budgeting
- business planning
- international trade
- investment strategy
Key Concepts
Questions to Reflect On
- How do interest rates influence domestic versus foreign spending?
- What other tools can balance trade without altering rates?
Low rates may also stimulate domestic consumption, offsetting trade loss.