Quote by Alfred Marshall

The price of every thing rises and falls from time to time and place to place and with every such change the purchasing power of money changes so far as that thing goes.

The price of every thing rises and falls from time to time a

Summary

This quote highlights the concept of price fluctuation and its impact on the purchasing power of money. It suggests that the price of commodities constantly varies depending on factors such as time and location. Consequently, the amount of goods or services that can be purchased with a certain amount of money also changes. It serves as a reminder that the value of money is context-dependent and subject to the dynamics of supply and demand.

Topics

Finance

By Alfred Marshall

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