Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued. (David Ricardo)

Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.

David Ricardo

Related topics

alter bank hundred interest lent market million money rate ten value

Related quotes

If money help a man to do good to others, it is of some value; but if not, it is simply a mass of evil, and the sooner it is got rid of, the better.

Swami Vivekananda

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

Karl Marx

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

Warren Buffett

Today the United States has the highest prison population in the world, over 2.1 million people. ... We lock people up at a rate that is seven to ten times that of any other democracy.

Eve Ensler

There is no reason to think that the impact [of monetary policy] will be captured in any single [variable]..., whether it is a monetary stock or a market interest rate.

James Tobin