In his seminal work A Monetary History of the United States ... short run because wages and prices take time to adjust (they are sticky, in economic parlance).­ • Constant money growth rule: Friedman, ...
This actually makes Bitcoin all the more profound to me. Bitcoin isn’t simply going back to a stateless money, I don’t think ...
The Federal Reserve keeps a tally of the country’s money supply, a measure it calls M2. Thursday afternoon, it announced that ...
A steadily rising money supply is indicative of an economy with a solid foundation. But in those exceptionally rare instances throughout history where M2 money supply has notably declined from its ...