Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 473
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
If, on the contrary, the supply, by some accident, should increase, for many years together, in a greater proportion than the demand, that metal would gradually become cheaper and cheaper; or, in other words, the average money price of corn would, in spite of all improvements, gradually become dearer and dearer.
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https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 473 · Verified:2026-10-19 · Verification:Exact match
This is a direct reading: the original and source are kept; commentary will be added later.
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Does this passage change one judgment about money or risk today?
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