Fisher-equation
The most important economic problem is the relative shortage of money. This occurs when the growth rate of the real economy is higher than the growth rate of gold-mining, and the velocity of circulation cannot compensate for the difference.
Fisher-equation
The most important economic problem is the relative shortage of money. This occurs when the growth rate of the real economy is higher than the growth rate of gold-mining, and the velocity of circulation cannot compensate for the difference.