Quote of the Day
Authors Categories Blog Quote Maker Videos
 

David Ricardo Quotes: 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.
         

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
Check all other quotes by David Ricardo

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"David Ricardo Quotes." Quoteslyfe.com, 2024. Mon. 06 May. 2024. <https://www.quoteslyfe.com/quote/Whether-a-bank-lent-one-million-ten-508382>.





Check out


Other quotes of David Ricardo


The farmer and manufacturer can no more live without profit than the labourer without wages.

The farmer and manufacturer can no more live without profit than the labourer without wages.



Nothing contributes so much to the prosperity and happiness of a country as high profits.

Nothing contributes so much to the prosperity and happiness of a country as high profits.



There can be no rise in the value of labour without a fall of profits.

There can be no rise in the value of labour without a fall of profits.



There is no way of keeping profits up but by keeping wages down.

There is no way of keeping profits up but by keeping wages down.



Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.



If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.



Profits are not made by differential cleverness, but by differential stupidity.

Profits are not made by differential cleverness, but by differential stupidity.



Money is neither a material to work upon nor a tool to work with.

Money is neither a material to work upon nor a tool to work with.



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

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



There can be no greater error then in supposing that capital is increased by non-consumption.

There can be no greater error then in supposing that capital is increased by non-consumption.





Other quotes you may like


Like Salvador Dali’s paintings of watches melting in the sand, time wanders at its own curious pace whenever you’re on vacation in a foreign country.

Like Salvador Dali’s paintings of watches melting in the sand, time wanders at its own curious pace whenever you’re on vacation in a foreign country.



There are many forms of love as there is moments in time, and you are capable of feeling them all at different stages of your life.

There are many forms of love as there is moments in time, and you are capable of feeling them all at different stages of your life.



The spiritual life to me has always meant just one thing: feeling.

The spiritual life to me has always meant just one thing: feeling.



If Art does not enlarge men’s sympathies, it does nothing morally.

If Art does not enlarge men’s sympathies, it does nothing morally.



Just six days after its release on iTunes, a record-breaking 33 million people have already listened to the album.

Just six days after its release on iTunes, a record-breaking 33 million people have already listened to the album.



Our understanding of the world is achieved more effectively by conceptual improvements than by discovery of new facts

Our understanding of the world is achieved more effectively by conceptual improvements than by discovery of new facts



I mean, it is the perfect situation to really love someone to death and to want to rip their clothes off at the same time, isn't it?

I mean, it is the perfect situation to really love someone to death and to want to rip their clothes off at the same time, isn't it?



If you took acting away from me, I'd stop breathing.

If you took acting away from me, I'd stop breathing.



Look, I grew up in, went to school in, and now live in the American South, and southern white women are interesting, complex and quirky, even the ones with racial anxieties.

Look, I grew up in, went to school in, and now live in the American South, and southern white women are interesting, complex and quirky, even the ones with racial anxieties.




Quote Description


This page presents the quote "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.". Author of this quote is David Ricardo. This quote is about money, ten, hundred, millions, rate, interest,.