7 de Junio de 2010
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Cita económica del 7-VI-2010
Bills drawn against wool, cotton, hide and other raw materials of the principal industries which are turned into articles of universal consumption are, for practical purposes, equally good; for the goods behind the bill, being certain of a market, and likely if anything to rise in value in time of war or political scare, secure the acceptor against the chance of being “locked up”, as it is called with an asset which he cannot realize. It is this quality, inherent in a genuine bill, which gave rise to the saying that banking is the easiest possible business to conduct once the banker has grasped the difference between a bill of exchange and a mortgage.
Hartley Withers, The meaning of money, 1932 (primera edición 1909), p. 43
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