Several economic consequences arise from Say’s Law (for example, it is production and not consumption what has to be stimulated in order to boost economic growth) , but we will go straight to the point: Money creation boosts demand , albeit this demand is not a real one.
Mostrando entradas con la etiqueta value of money fluctuations. Mostrar todas las entradas
Mostrando entradas con la etiqueta value of money fluctuations. Mostrar todas las entradas
Several economic consequences arise from Say’s Law (for example, it is production and not consumption what has to be stimulated in order to boost economic growth) , but we will go straight to the point: Money creation boosts demand , albeit this demand is not a real one.
Publicado por
Alejandro Zamorano Escriche
en
14:43
Etiquetas:
Austrian School of Economics and Monetary Theory,
gold as money,
optimum quantity of money,
production growth and constant quantity of money,
value of money fluctuations,
XIX century deflation
Suscribirse a:
Entradas (Atom)