entity · derived
Quantity theory of money
Derived node: assembled mechanically from the claims carrying quantity-theory-of-money. A roster, not an adjudicated definition.
Every claim under this term
- 3402701-008 : Under the quantity theory of money, minting twice as much currency halves its price and burning half of the existing currency doubles it, which is the mechanism by which a supply rule can theoreticall
- 3402701-009 : The quantity theory calculations behind minting and burning hold only in the ideal case; in practice the success of a stabilization scheme depends on how the money is actually printed, distributed or
- 3402701-019 : Selling currency into a reserve when price is above the peg and buying it back with the reserve when price is below the peg yields an arbitrage profit, so a reserve can fund its own defense of the peg
- 3402701-025 : Defining the energy of money as the product of economic momentum and velocity gives a basis for discussing economic frictions and for distinguishing genuine from artificial network energy, which is wh