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  • In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.

    David Ricardo
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    David Ricardo, John Ramsay McCulloch (1846). “The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and Writings of the Author”, p.264, London, J. Murray
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In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed. - David Ricardo
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