 | John Stuart Mill - Economics - 1849 - 588 pages
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, all of which would be used to purchase goods... | |
 | John Stuart Mill - Economics - 1857 - 610 pages
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, all of which would be used to purchase goods... | |
 | John Stuart Mill - 1862 - 628 pages
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, all of which would be used to purchase goods... | |
 | Nevada. Legislature. Senate - 1867 - 796 pages
...precisely the same ratio in which its quantity is increased. If the whole money in circulation should be doubled, prices would be doubled ; if it was only increased one-fourth, prices would rise one-fourth." The same principle is laid down by John Stuart Mill, well known as the highest modern... | |
 | William B. Dana - Commerce - 1868 - 490 pages
...peculiar facilities of raising. But let us hear what Mr. Mill says upon the point at issue, (page 299). "It is to be remarked that this ratio would be precisely...doubled- If it was only increased onefourth, prices would rise one-fourth. There would be one fourth more money, all of which would be used to purchase goods... | |
 | Bonamy Price - 1869 - 272 pages
...and supply of goods, or of the supply and demand of money. They are equivalent expressions. Hence, if the whole money in circulation was doubled, prices...if it was only increased one-fourth, prices would rise one-fourth. The very same effect Mr. Mill's misconception^ 161 would be produced on prices if... | |
 | William Elder - Business & Economics - 1871 - 404 pages
...things with; and would not enable any one to buy more of them than before." And he goes on to say, " this ratio would be precisely that in which the quantity...prices would be doubled. If it was only increased onefuurih, prices would rise one-fourth." How like clock-work this thing is calculated; and with what... | |
 | Robert Ellis Thompson - Economics - 1875 - 430 pages
.... . The money and the goods are seeking each other for the purpose of being exchanged. . . . Hence if the whole money in circulation was doubled, prices...if it was only increased one-fourth, prices would rise one-fourth." Mr. Mill does not appear to be aware of the fact that all but a small percentage... | |
 | John Stuart Mill - Economics - 1875 - 624 pages
...remarked that this ratio would he precisely that in which the Quantity of money had been increased, f the whole money in circulation was doubled, prices...If it was only increased one-fourth, prices would rise one-fourth. There would bo one-fourth more money, all of which would be used to purchase goods... | |
 | National cyclopaedia - 1879 - 698 pages
...and is of high value ; if prices are high, it will buy little of other things, and is of low value. If the whole money in circulation was doubled, prices would be doubled. There would be twice as much money, all of which would be used to purchase goods of some description.... | |
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It is to be remarked that this ratio would be precisely that in which the quantity of money had been increased. If the whole money in circulation was doubled, prices would be doubled. If it was only increased one-fourth, prices would rise one-fourth. 
