Economic Sophisms (FEE ed.) Online Library of Liberty
Iron,coal, land, food, and capital are all in great demand in A, and soon their prices rise. Meanwhile labor,iron,coal, land, food, and capital all go begging in B, and soon all wages and prices fall there. Nor is this all. Since A is selling all the time and B is buying all the time, money passes from B to A. It abounds in A and is scarce in B.