The value of money is in proportion to the quantity of the necessaries of life which it will purchase. - Adam Smith

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The value of money is in proportion to the quantity of the necessaries of life which it will purchase.

English
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About Adam Smith

Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".

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Alternative Names: Smiths
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If the importation of foreign cattle, for example, were made ever so free, so few could be imported, that the grazing trade of Great Britain could be little affected by it. Live cattle are, perhaps, the only commodity of which the transportation is more expensive by sea than by land.

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