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The Quantity Theory of Money

The Quantity Theory of Money: The Quantity Equation - Growth Rates Form

hbj Cash Balance Approach of Quantity Theory of Money Introduction: • The Cambridge cash balance approach is a version of quantity theory of money. • It.

The Useless Quantity Theory of Money

President Barack Obama meets with Senate Minority Leader Sen. Mitch McConnell, R-Ky., in the Oval Office, Aug. (Official White House Photo by Pete Souza).This official White House photograph is being made available only for publication by news or

Nicolaus Copernicus' heliocentric theory placed the Sun at the center of the solar system and described that system's mechanics in mathematical rather than Aristotelian terms.


When this little red line starts to go up, you will get inflation. #velocityofmoney "According to the quantity theory of money, if the quantity of money goes up, then inflation goes up, as long as real GDP growth and what is called the velocity of money (the amount of times you use money) is held constant." source:


Mikołaj Kopernik 19.02.1473 – 24.05.1543, was a Renaissance mathematician & astronomer who formulated a heliocentric model of d universe. Publication of Copernicus' book, De revolutionibus orbium coelestium, just before his death in 1543, is considered a major event in d history of science. He had a doctorate in canon law & though without degrees, was a physician, polyglot, classics scholar, translator, governor, diplomat & economist who in 1517 set down a quantity theory of money.


The Cambridge equation formally represents the Cambridge cash-balance theory, an alternative approach to the classical quantity theory of money. Both quantity theories, Cambridge and classical, attempt to express a relationship among the amount of goods produced, the price level, amounts of money, and how money moves. The Cambridge equation focuses on money demand instead of money supply.

Nicolaus Copernicus proposed the heliocentric theory which stated that the Earth was the center of the universe but rather the Sun


Why the Quantity of Money Theory is DEAD Wrong