#commodities

Read through the most famous quotes by topic #commodities




When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.


Carroll Quigley


#cannot #certificates #checks #commodities #countries

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.


David Ricardo


#been #cases #cause #commodities #confined

If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.


David Ricardo


#classes #commercial #commodities #degree #demand

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it.


David Ricardo


#commodities #commodity #diminution #every #exchangeable

The exchangeable value of all commodities, rises as the difficulties of their production increase.


David Ricardo


#difficulties #exchangeable #exchangeable value #increase #production

The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.


David Ricardo


#beneficial #capital #commodities #facility #food

But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.


David Ricardo


#commodities #consumed #equally #labour #machinery

When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.


John Buchanan Robinson


#become #commodities #country #currency #gold