But A Rise In The Wages Of

A Rise In Wages, From An Alteration In The Value Of Money, Produces A General Effect On Price, And For That Reason It Produces No Real Effect Whatever On Profits.

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.

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

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.

The Price Of Corn Will Naturally Rise With The Difficulty Of Producing The Last Portions Of It.