Investing · Western classics
David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 180
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
When each country has precisely the quantity of money which it ought to have, money will not indeed be of the same value in each, for with respect to many commodities it may differ 5, 10, or even 20 per cent., but the exchange will be at par. One hundred pounds in England, or the silver which is in 100_l._, will purchase a bill of 100_l._, or an equal quantity of silver in France, Spain, or Holland.
Source：
https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 180 · Verified：2026-10-19 · Verification：Short excerpt
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Does this passage change one judgment about money or risk today?
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