Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 474

Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing

But if, on the other hand, the supply of that metal should increase nearly in the same proportion as the demand, it would continue to purchase or exchange for nearly the same quantity of corn; and the average money price of corn would, in spite of all improvements. continue very nearly the same.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 474 · 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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