Tag: money supply and interest rates
M24U
Last September I wrote this article for my newsletter in which I introduced my readers to the Irving Fisher’s equation of exchange which reads MV=PT where M= money supply, V= velocity of money, P=price level, and T= quantity of goods and services transacted (real Gross Domestic Product [GDP]).
The thesis of the article was [...]
Posted: March 4th, 2010 under Economics & Interest Rates.
Tags: money supply and interest rates
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