Re:A Beginner’s Guide to MMT
by thedaveoflife on Thursday March 21, 2019 @01:26PM
(#19454932)
Inflation is MV = PQ... you are commenting only on the M which is money supply. You have to factor in the other variables, notably V or the rate of spending. If V remains low, then M can increase without significant inflation.
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Re:A Beginner’s Guide to MMT
by nostrademons on Thursday March 21, 2019 @05:10PM
(#19457349)
V would have to decrease. If V and Q remain constant, then an increase in M results in a linear increase in P.