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Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Original Article: “Is There an Optimum Growth Rate of Money?”
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Original Article: “Is There an Optimum Growth Rate of Money?”