Gddtnenqe und Waarenprcise.
101
Diese Theorie Hume’s vom Einfluss der Mengte
des im Umlauf befindlichen Geldes auf den all
gemeinen Stand der Waarenpreise und des all
gemeinen Standes der Waarenpreise wiederum auf den
Export oder Import von Edelmetall — hat sich bis auf
den heutigen Tag in Geltung erhalten. Ziemlich alle
hervorragenden Oekonomisten des 19. Jahrhunderts, von
Thornton, dem Verfasser des Buchs über den Pa-
[uercredit von Grossbritannien, und Ricardo angefan
gen, bis auf J. Stuart Mill und die meisten Oekono-
nomisten der Gegenwart, bekennen sich, — so sehr sie
auch im Einzelnen, insbesondere was die Anwendung
almost self-evident, that lhe prices of every thing depend on the pro
portion betwixt commodities and money, and that any considerable
alteration on either of these has the same effect, either of heightening
or lowering the prices. Increase the commodities, they become chea
per, increase the money, they rise in their value. As, on the other
hand, a diminution of the former and that of the latter have con
trary tendencies. — 'Tis also evident, that the prices do not so
much depend on the absolute quantity of commodities and that of
money, which are in a nation, as on that of the commodities, which
come or may come to market, and of the money which circulates.
If the coin be lock'd up in chests Uis the same thing with regard
to prices, as if it were annihilated; if the commodities be hoarded
in granaries, a like effect follows. As the money and commodities,
in these cases, never meet, they cannot affect each other. — 'Tis
only the overplus, compar'd to the demand, that determines the va
lue.** Vgl. auch: Of the balance of trade.