Timeline for From an economics perspective, what are the ramifications of a currency with fixed money supply?
Current License: CC BY-SA 3.0
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| Apr 5, 2016 at 16:45 | comment | added | tadejsv | Just to be precise, your first point (about "hoarding money") is not exclusive to a deflationary enviroment. This can happen in every enviroment with a positive real interest rate (even inflationary ones). And as long as interest rates adjust to inflation (the Fisher effect), this benefit of an inflationary enviroment completely dissapears. | |
| Nov 21, 2014 at 4:09 | vote | accept | Jason Nichols | ||
| Nov 20, 2014 at 18:08 | history | edited | Ubiquitous | CC BY-SA 3.0 |
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| Nov 20, 2014 at 17:01 | history | answered | Ubiquitous | CC BY-SA 3.0 |