Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 572
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
The increase of the wealth of Europe, and the popular notion, that as the quantity of the precious metals naturally increases with the increase of wealth, so their value diminishes as their quantity increases, may, perhaps, dispose many people to believe that their value still continues to fall in the European market; and the still gradually increasing price of many parts of the rude produce of land may confirm them still farther in this opinion.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 572 · 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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