3 ms·
The theoretical and empirical relationship between changes in the money base (M0) and inflation are well established, and based on very simple intuition: changi
by yetanotherphd 13y ago
The theoretical and empirical relationship between changes in the money base (M0) and inflation are well established, and based on very simple intuition: changing the amount of hard money by a factor of 3, results in a change in the value of money by a factor of 1/3. I can't educate you on macroeconomics in this thread, please refer to any macro textbook.