Adam Smith：The Wealth of Nations, Book IV, Chapter V, Paragraph 1172

The real effect of the bounty is not so much to raise the real value of corn, as to degrade the real value of silver; or to make an equal quantity of it exchange for a smaller quantity, not only of corn, but of all other home made commodities; for the money price of corn regulates that of all other home made commodities.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book IV, Chapter V, paragraph 1172 · Verified：2026-10-19 · Verification：Exact match

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