Public debt and Quantity theory of money: Difference between pages

Revision as of 14:20, 23 October 2012

Economics. A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.

It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.

Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.

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-. ''Money Market Funds Regulation (MMFR)''.
+''Economics''.
+A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.
-For the purposes of the MMFR, public debt includes direct obligations of national, regional and local governments, and certain transnational organisations, together with instruments guaranteed by these bodies.
+It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.
-.
-In other contexts, public debt may be defined more narrowly, for example the direct obligations of the national government only.
+Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.
 == See also ==
-* [[Money Market Funds Regulation]]
+* [[Fisher's equation]]
-* [[Public]]
-* [[Public Debt CNAV]]
-* [[Transnational]]
-[[Category:The_business_context]]
-[[Category:Investment]]
-[[Category:Long_term_funding]]
-[[Category:Financial_products_and_markets]]