Adam Smith: It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

-- Adam Smith


		Name: Adam Smith Type: Economist Nationality: Scottish Birth: June 5, 1723 Death: July 17, 1790

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