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 moneyon the moneyright on the moneythrowing money awaytime is moneyrun for one's moneythrow good money after badstill got one's communion moneynot for love nor moneyput one's money where one's mouth isput one's money where one's mouth isspending money as if it were watervowel quantityold money
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"quantity theory of money." Phrases.com. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.phrases.com/phrase/quantity-theory-of-money_62316>.
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