John Maynard Keynes Quotes About Precious Metal
We have collected for you the TOP of John Maynard Keynes's best quotes about Precious Metal! Here are collected all the quotes about Precious Metal starting from the birthday of the Economist – June 5, 1883! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of John Maynard Keynes about Precious Metal. We will be happy if you share our collection of quotes with your friends on social networks!
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Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for liquidity, and with a monetary system which rigidly links the quantity of money to the stock of the precious metals, it will be essential for the maintenance of prosperity that the authorities should pay close attention to the state of the balance of trade. For a favourable balance, provided it is not too large, will prove extremely stimulating; whilst an unfavourable balance may soon produce a state of persistent depression.
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