If the price of the tradesman's work, and the farmer's produce, would increase equally with the price of foreign commodities, the damage would not be so great: but the direct contrary must happen.
Benjamin Franklin: “If the price of the tradesman's work, and the farmer's produce, would increase equally with the price of foreign…”
Editor's note · Context
Here, Franklin discusses the adverse effects on local prices when foreign commodity prices rise, indicating a complex economic relationship.
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