Home  Journals  Finance and Credit  5(533) - 2013 February

On quantity of money in economy and commodity prices: new look from the perspective of historical roots

Available online: 11 February 2013

Subject Heading: THEORY OF MONEY

JEL Classification: 

In the article it is noted that many researchers fix that fact that the quantity of money in economy can't generate demand inflation. It is shown that growth of monetary weight in economy can sometimes lead to short-term inflationary shock (or to a short-term rise in prices), but inflation can't cause. It is shown that the amount of money in the economy is not important either in pricing or in the wider economy.

Keywords: cost, price, cost law, inflation

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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