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. | ||
The quantity theory of money is summarised in Fisher's equation. | |||
== See also == | == See also == | ||
* [[Fisher's equation]] | * [[Fisher's equation]] | ||
Revision as of 15:05, 18 March 2015
Economics.
A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.
The quantity theory of money is summarised in Fisher's equation.
