RAnger on Nostr: Milton's Friedman's doctrine regarding the “optimum quantity of ...
Milton's Friedman's doctrine regarding the “optimum quantity of money”—according to which an optimal monetary policy would involve a steady contraction of the money supply at a rate sufficient to bring the nominal interest rate down to zero—is one of the most celebrated propositions in modern monetary theory.
Does anybody have a source for the quote about any quantity of money being sufficient in an economy? #bitcoin #austrianeconomics
Published at
2024-10-16 18:13:14Event JSON
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