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Monetary Theory
Monetary Theory
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Definitions
Gresham’s Law
Gresham's Law
Economics
Fiat Currency
Debasement
Monetary Theory
The observation that ‘bad money drives out good’.
Read more about Gresham’s Law.
Definitions
Neutrality of Money
Monetary Theory
Macro-Economics
Money Supply
An economic theory stating that changes in the quantity of money affect only nominal variables and are irrelevant to rational agents' behavior.
Read more about Neutrality of Money.
Definitions
Quantity Theory of Money
Economics
Monetary Theory
Inflation
Quantity Theory of Money
The theory that the price level is proportional to the quantity of money
Read more about Quantity Theory of Money.
Definitions
Token Money
Token Money
Economics
Monetary Theory
An examination of token money, its importance in modern economies, and the evolution of money from physical to digital forms.
Read more about Token Money.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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