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Adam Smith once was quoted on saying It is not by augmenting the capital of the country, but by rendering a greater part of that

Adam Smith once was quoted on saying "It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive that would otherwise be so, that the most judicious operations of banking can increase the industry of the country." Do you agree or disagree with his statement and why? Please explain briefly the foregoing quote and its significance I these very challenging and trying times.

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