Quote by William Petty

Money is the best rule of commerce.


Money is the best rule of commerce.

Summary

This quote suggests that money plays a pivotal role in commercial interactions and serves as the most effective medium of exchange. It implies that financial transactions carried out with the use of money provide a convenient and universally accepted system for conducting business. Money's tangibility and symbolic value enable it to function as a reliable rule or standard in trade, facilitating exchanges and promoting economic activity.

Topics

Finance
By William Petty
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