英语翻译
题目
英语翻译
Almost all loans at interest are made in money,either of paper,or of gold and silver.But what the borrower really wants,and what the lender really supplies him with,is not the money,but the money’s worth,or the goods which it can purchase.If he wants it as a stock for immediate consumption,it is those goods only which he can place in that stock.If he wants it as a capital for employing industry,it is from those goods only that the industrious can be furnished with the tools,materials,and maintenance,necessary for carrying on their work.By means of the loan,the lender,as it were,assigns to the borrower his right to a certain portion of the annual produce of the land and labour of the country,to be employed as the borrower pleases.4
The quantity of stock,therefore,or,as it is commonly expressed,of money which can be lent at interest in any country,is not regulated by the value of the money,whether paper or coin,which serves as the instrument of the different loans made in th
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