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> Let me try: more money in circulation means sales volume goes up, so prices fall (according to actual economic theory). Not according to any economic theory
by postingawayonhn 5y ago
> Let me try: more money in circulation means sales volume goes up, so prices fall (according to actual economic theory).
Not according to any economic theory I've heard of.
If consumer incomes rises then the demand curve should shift to the left. This will move the intersection of the supply and demand curves to a point where both quantity supplied and price are higher.
- JoeAltmaier 5y agoExcept when supply is flexible. Manufacturing in higher volume will reduce cost.