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 'wealth effect'
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
