kaal:claim:3249860-010

Increasing the commercial benefits attached to a token heightens the aggregate demand for that token's given supply, which is why benefit adjustment functions as a quasi-fiscal policy tool.

Source quote, verbatim

First, the increase in commercial benefits associated with a token heightens the aggregate demand of the given token supply.

From

Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018), II.5 Fiscal Policy, p. 10
https://ssrn.com/abstract=3249860 · source PDF

Cite as

Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018). SSRN: https://ssrn.com/abstract=3249860

Classification

mechanismsupport: arguedtokenomics

Related claims

restates kaal:claim:3067615-011 Adjusting the commercial benefits attached to a token operates as a quasi fiscal policy tool: increasing those...

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