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Circulating Medium Quotes by David Ricardo
1 Circulating Medium quote by David Ricardo
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David Ricardo has 43 quotes on this site. A few more worth reading:
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It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return…
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Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
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Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers…
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If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry;…
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By far the greatest part of those goods which are the objects of desire, are procured by labour and they may be…
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For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.
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Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.
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There is no way of keeping profits up but by keeping wages down....
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More Circulating Medium Quotes
Popular Circulating Medium quotes from across the collection:
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Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to…
— Irving Fisher
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Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.
— Thomas Jefferson
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In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain…
— David Ricardo
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It has a sound and rational circulating medium, a real and definite representative of wealth.
— Josiah Warren
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This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render…
— Josiah Warren
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The circulating medium being issued only by those who labor, they would suddenly become invested with all the wealth and all the…
— Josiah Warren
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The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and…
— John Moody
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