There Can Be No Greater Error Then

Money Is Neither A Material To Work Upon Nor A Tool To Work With.

It Is Here We Come To The Heart Of The Matter. The Economic Principle Of Comparative Advantage', 'a Country May, In Return For Manufactured Commodities, Import Corn Even If It Can Be Grown With Less Labour Than In The Country From Which It Is Imported

Whenever The Current Of Money Is Forcibly Stopped, And When Money Is Prevented From Settling At Its Just Level, There Are No Limits To The Possible Variations Of The Exchange.

Neither Machines, Nor The Commodities Made By Them, Rise In Real Value, But All Commodities Made By Machines Fall, And Fall In Proportion To Their Durability.

Neither A State Nor A Bank Ever Have Had Unrestricted Power Of Issuing Paper Money Without Abusing That Power.