We first talked about Quantity Theory of Money some time back (click here for the post) focusing rather on the macro picture. For example how do money printing and manipulation of money supply become government’s propaganda tool. Today we’ll take a look from a micro effect perspective, namely wealth effect and how does it affect us.
Entries Tagged as 'quantity theory of money'
Wealth Consumption Effect
December 8th, 2013 No Comments
Tags: absolute performance vs relative performance · others · quantity theory of money · Sir John Templeton · velocity · Warren Buffett · wealth effect
Macroeconomics Myths: Quantity Theory of Money & The Multiplier Effect
March 30th, 2013 No Comments
We continue our discussion from the previous post where we talked about money supply, currency devaluation and the new 21st century war called the ‘currency war’. James Rickards, author of Currency Wars described it succinctly when he said, “Currency wars are akin to tug of war. Nothing much seems to happen on the surface. But as […]
Tags: macroeconomics · multiplier effect · others · quantity theory of money
