laying out money upon others, and those upon others
French translation: le cèderaient à d'autres, qui le cèderaient à d'autres encore, et ainsi de suite.
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08:37 Nov 24, 2008
English to French translations [Non-PRO] Social Sciences - Economics
English term or phrase:laying out money upon others, and those upon others
Dans un texte sur la pensée économique du 18e siècle, le rôle de la monnaie dans la société
Hartlib believed that an expansion in the money stock could create, or at least, activate new wealth. In fact, an increased circulation of money would ignite a multiplier effect, whereby “those who receive [the money] would be laying it out again upon others, and those upon others, and so on, which would beget a constant return, or quick vent for commodities proportionable to the quantity of money so perpetually revolving amongst them” (1655, 192).
Problème de formulation et notamment sur la trad de "upon". Merci d'avance