--- title: "Meaning & Key Takeaway of: Whether a bank lent one million, ten…" description: "\"Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter onl..." image: "https://sms4smile.com/quotes/i/38d/david-ricardo-9461_hundred_whether-a-bank-lent-one-million-ten-mill_579168.jpg" --- # Whether a bank lent one million, ten million, or a hundred… ![“Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.” quote by David Ricardo](https://sms4smile.com/quotes/i/38d/david-ricardo-9461_hundred_whether-a-bank-lent-one-million-ten-mill_579168.jpg) [Download](https://sms4smile.com/quotes/i/38d/david-ricardo-9461_hundred_whether-a-bank-lent-one-million-ten-mill_579168.jpg) [Open image](https://sms4smile.com/quotes/i/38d/david-ricardo-9461_hundred_whether-a-bank-lent-one-million-ten-mill_579168.jpg) > “Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.” [David Ricardo](https://sms4smile.com/quotes/author/david-ricardo/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bank lending changes the money supply, not the underlying market interest rate. **In simple terms:** Loans affect money value, not rates. Key Takeaway Focus on money supply effects. Themes economics finance money supply Mood analytical neutral Type educational informative When to use this quote - central banking - loan issuance - inflation control Key Concepts interest rates market equilibrium Questions to Reflect On - How does money supply affect inflation? - Can policy target money value directly? A Different Perspective If banks coordinate, they could influence rates. ★ ★ ★ ★ ★ No ratings yet [Interest](https://sms4smile.com/quotes/about/interest/) [Investing](https://sms4smile.com/quotes/about/investing/) [Money](https://sms4smile.com/quotes/about/money/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [The problem with money issued by any government is that its only value is what those in charge decree.](https://sms4smile.com/quotes/sandi-toksvig/the-problem-with-money-issued-by-any-government-is-that-its-only/) [Sandi Toksvig](https://sms4smile.com/quotes/author/sandi-toksvig/) > [Money can be issued only in the act of buying, and can be backed only in the act of selling. Any buyer who is…](https://sms4smile.com/quotes/e-c-riegel/money-can-be-issued-only-in-the-act-of-buying-and-can-be-backed-only/) [E.C. Riegel](https://sms4smile.com/quotes/author/e-c-riegel/) > [The variation in the value of money, however great, makes no difference in the rate of profits.](https://sms4smile.com/quotes/david-ricardo/the-variation-in-the-value-of-money-however-great-makes-no-difference/) [David Ricardo](https://sms4smile.com/quotes/author/david-ricardo/) > [It seems impossible for a man to learn the value of money without first having to learn to waste it.](https://sms4smile.com/quotes/william-faulkner/it-seems-impossible-for-a-man-to-learn-the-value-of-money-without/) [William Faulkner](https://sms4smile.com/quotes/author/william-faulkner/) > [For me, a good holiday is about value for money rather than things to see.](https://sms4smile.com/quotes/karl-pilkington/for-me-a-good-holiday-is-about-value-for-money-rather-than-things-to/) [Karl Pilkington](https://sms4smile.com/quotes/author/karl-pilkington/) > [“There is my first insight, young woman. 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