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Common terms and phrasesAgio Auslande baaren Geldes Bank Bank of England Banknote Bedarf an Geld beiden Contrahenten Besitz blos bullion Cheque circulation coin commodities country Credit currency daher demand diminution Diskonto Edelmetall einander im Werthe einfach Einkassirung Emission Emittenten England Ersatzmittel erst exchange Export Falle Gegenstand bestimmten Bedarfs Gegenstände oder Quantitäten Geld und Waare Geldbedarfs Geldes im Handel Geldmarkt Geldmenge Gold goods Grösse Grund Gütern oder Waaren Hand indess irgend James Mill Kapital Kreditpapieren lich Locke a. a. London Mangel an Geld Metall Metallgeld Mittel des Entgeltes monnaie Münze Nachfrage nach Waaren Noten Nutzen oder Vortheil Oeko Oekonomisten Papiergeld Personen price quantity of money resp sowohl Stand der Waarenpreise System Tausche Thatsache Theil Theorie things trade Turgot überhaupt Ueberfluss oder Mangel Umlauf befindlichen Geldes Umsatz Umständen unbedingte und uneingeschränkte valeur Verhältniss vielmehr Vrgl Wagner Wechsel wenigstens zunächst Werth des Geldes Werthe gleich Werthschätzung wirthschaftlichen Zahlmittel Zahlungen im Inlande Zahlungsanweisungen Zahlungsbilanz Zahlungsverbindlichkeiten Zeitpunkt Zinsfuss Popular passagesPage 105 - So that the value of money, other things being the same, varies inversely as its quantity ; every increase of quantity lowering the value, and every diminution raising it, in a ratio exactly equivalent. Page 69 - Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to give effect to labour. Page 136 - ... value and upwards usually transacted within that country. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation of the country, it must, immediately return upon the banks, to be exchanged for gold and silver. Page 103 - ... and the increase of her wealth. If instead of a mine being discovered in any country, a bank were established, such as the Bank of England, with the power of issuing its notes for a circulating medium ; after a large amount had been issued, either by way of loan to merchants, or by advances to Government, thereby adding considerably to the sum of the currency, the same effect would follow as in the case of the mine. Page 109 - The amount of purchasing power which a person can exercise, is composed of all the money in his possession or due to him, and of all his credit. For exercising the whole of this power he finds a sufficient motive only under peculiar circumstances ; but he always possesses it ; and the portion of it which he at any time does exercise, is the measure of the effect which he produces on price. Page 20 - The yard or quart men measure by, may rest indifferently in the buyers' or sellers', or a third person's hands, it matters not whose it is. But it is not so in silver : it is the thing bargained for, as well as the measure of the bargain ; and in commerce passes from the buyer to the seller, as being in such a quantity equivalent to the thing sold... Page 110 - Let the specie of a country, therefore, be augmented or diminished, in ever so great a proportion, commodities will still rise and fall according to the principles of demand and competition, and these will constantly depend upon the inclinations of those who have property or any kind of equivalent whatsoever to give; but never upon the quantity of coin they are possessed of. Page 36 - London 1871 p. 284 — 285): ,,The value of the circulating medium of every country bears some proportion to the value of the commodities which it circulates. In some countries this proportion is much greater than in others, and varies, on some occasions, in the same country. Page 118 - Mr Thornton has not explained to us, why any unwillingness should exist in the foreign country to receive our goods in exchange for their corn; and it would be necessary for him to show, that if such an unwillingness were to exist, we should agree to indulge it so far, as to part with our coin. Page 88 - These are the uses for which men borrow money; and therefore, the greater or less quantity of it in a state has no influence on the interest. But it is evident, that the greater or less stock of labour and commodities must have a great influence; since we really and in effect borrow these, when we take money upon interest. Bibliographic information
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