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Whatever goes in addition addition is made to the mass of national
capital production, faster than the expenditure proceeds upon
the income that income produced by the employment of that
capital, operates in contributes to the reduction of the rate of interest.
in general: whatever operates as reduction of the
rate of interest in general contributes to dispos
prepare and dispose men for the acceptance of
any cash reduced rate of interest as may be
to be offered to them in resepct of principal
that has been invested employd in the purchase of Annuities.
The rate of interest given by in respect of government
Annuities, when the mass of those Annuities
is so large as at present, may well be
regarded as capable of setting the general rate of
interest: the quantity of money for which interest mass of income which may be obtained
can be made and is obtained and is made in this way without the
of management being so much greater than
the whole amount of what can be obtained on
the sum from all other sources put together.
Identifier: | JB/002/489/001"JB/" can not be assigned to a declared number type with value 2. |
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1800-08-04 |
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002 |
annuity notes |
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489 |
art. 21 |
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001 |
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text sheet |
1 |
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recto |
d4 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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1228 |
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