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Does Increasing the Money Supply also Increase Economic Growth?
Keynesian economists believe that the key to increasing economic growth is increasing the supply of money in circulation. Money, however, is a means of exchange, not a means of payments. The difference is vital to understanding economics.
Original Article: Does Increasing the Money Supply also Increase Economic Growth?
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By Mises Institute
4.7
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Keynesian economists believe that the key to increasing economic growth is increasing the supply of money in circulation. Money, however, is a means of exchange, not a means of payments. The difference is vital to understanding economics.
Original Article: Does Increasing the Money Supply also Increase Economic Growth?
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