Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter V, Paragraph 92
Adam Smith《The Wealth of Nations》· Book I, Chapter V · Investing
But though, in establishing perpetual rents, or even in letting very long leases, it may be of use to distinguish between real and nominal price; it is of none in buying and selling, the more common and ordinary transactions of human life.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter V, paragraph 92 · Verified:2026-10-19 · Verification:Exact match
This is a direct reading: the original and source are kept; commentary will be added later.
Today's question
Does this passage change one judgment about money or risk today?
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