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 moneyput one's money where one's mouth isvowel quantitythrowing money awaythrow money awayspending money as if it were waterput your money where your mouth ison the moneyquality over quantitypocket moneyyou pays your money and you takes your …pin moneysilly moneyput one's money where one's mouth is
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"quantity theory of money." Phrases.com. STANDS4 LLC, 2024. Web. 21 Nov. 2024. <https://www.phrases.com/phrase/quantity-theory-of-money_62316>.
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