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quantity theory of money

Economic theory claiming that an increase in the amount of money in circulation causes a proportionate increase in prices. The theory dates from the 17th century and was elaborated by the US economist Irving Fisher (1867-1947).
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Submitted by RobertHaigh on July 16, 2020

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Nearby phrases

Some more phrases from our dictionary similar to quantity theory of money

run for one's moneypin moneyold moneystill got one's communion moneyold moneyvowel quantitysilly moneyspending money as if it were waterput your money where your mouth istime is moneynemesis theoryrun for one's moneyyou pays your money and you takes your …play with house money

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