Frédéric Bastiat：Economic Sophisms, Excerpt 118

There is still another inference to be deduced from this, which is, that according to the theory of the balance of trade, France has a very simple means of doubling her capital at any moment. It is enough to pass them through the Customhouse, and then pitch them into the sea. In this case the exports will represent the amount of her capital, the imports will be _nil_, and even impossible, and we shall gain all that the sea swallows up.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 118 · Verified：2026-10-19 · Verification：Short excerpt

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