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" The value of the goods circulated between the different dealers, never can exceed the value of those circulated between the dealers and the consumers ; whatever is bought by the dealers, being ultimately destined to be sold to the consumers. "
Thoughts on a few subjects of political economy. [With] - Page 16
by John Cazenove - 1859 - 54 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - 1811 - 532 pages
...or another, to carry it on. The value of the goods circulated between the different dealers neA'er can exceed the value of those circulated between the...being ultimately destined to be sold to the consumers. The circulation between the dealers, as it is carried on by wholesale, requires generally a pretty...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1822 - 522 pages
...certain stock of money, of one kind or another, to carry it on. The value of the goods circulated between the different dealers, never can exceed the value of those circulated between the dealers and the eonsumers ; whatever is bought by the dealers, being ultimately destined to be sold to the consumers....
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Banks and bankers

Richard Page - Bankers - 1842 - 476 pages
...certain stock of money of one kind or another to carry it on. The value of the goods circulated between the different dealers never can exceed the value of...being ultimately destined to be sold to the consumers. The circulation between the (loalors, as it is carried on by wholesale, requires generally a pretty...
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An Inquiry Into the Currency Principle ...

Thomas Tooke - Banks and banking - 1844 - 166 pages
...to carry it " on. The value of the goods circulated between the " different dealers with one another never can exceed " the value of those circulated between...ultimately destined to be sold to the " consumers. Paper money may be so regulated as " either to confine itself very much to the circulation " between...
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An Inquiry Into the Currency Principle: The Connection of the Currency with ...

Thomas Tooke - Banks and banking - 1844 - 190 pages
...circulated between the different dealers " never can exceed the value of those circulated be" tween the dealers and the consumers ; whatever is " bought by the dealers being ultimately destined to be u sold to the consumers." Assuredly, then, the prices at which the commodities have gone into consumption,...
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The Bankers' Magazine, and Journal of the Money Market, Volume 10

Banks and banking - 1850 - 916 pages
...certain stock of money, of one kind or another, to carry it on. The value of the goods circulated between the different dealers never can exceed the value of...being ultimately destined to be sold to the consumers. The circulation between the dealers, as it is carried on by wholesale, requires generally a pretty...
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Calcutta Review, Volume 27

India - 1856 - 516 pages
...certain stock of money, of one kind or another, to carry it on. The value of the goods circulated between the different dealers never can exceed the value of...between the dealers and the consumers ; whatever is brought by the dealers being ultimately destined to be sold to the consumers. The circulation between...
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A Sketch of the History of the Currency: Comprising a Brief Review of the ...

James MacLaren - Currency question - 1858 - 422 pages
...between the different dealers can never exceed the value of those circulated between the dealers and consumers, whatever is bought by the dealers being ultimately destined to be sold to the consumers. It would seem, therefore, that prices cannot be high from an issue of paper, which circulates only...
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The National Quarterly Review, Volumes 33-34

Periodicals - 1876 - 844 pages
...the different dealers, never can exceed the value (price) of those circulated between the dealers and consumers ; whatever is bought by the dealers, being...ultimately destined to be sold to the consumers.":}: That is to say : wholesale prices cannot exceed retail prices, and since it is the average wholesale...
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Money

Charles Moran - Banks and banking - 1863 - 240 pages
...consumers. . . . The value of the goods circulated between the different dealers with one another can never exceed the value of those circulated between the dealers...ultimately destined to be sold to the consumers.' (Smith's Wealth of Nations, pp. 141, 142.) "Coin, and the smaller denomination of notes serving as...
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