Quantity theory of money: Difference between revisions
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A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation. | A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation. | ||
Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates. | 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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== See also == | == See also == | ||
* [[Fisher's equation]] | * [[Fisher's equation]] | ||
* [[Monetarism]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 07:46, 2 July 2022
Economics.
A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.
Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.
