Optimum Quantity of Money; Bitcoin
From: A Sent: Saturday, November 04, 2017 1:50 PM To: Dr.Walter Block <wblock@loyno.edu> Subject: Two questions Dear Walter, I hope this mail finds you well. I have two questions, if you have the time I would love to know your thoughts: 1- Why is it that Rothbard says that at any given time the amount of money is the optimum amount? I do understand that prices accommodate. But at the same time the increase or decrease of the money supply affects interest rates, and therefore investment (thereby causing business cycles). Is Rothbard’s view a static view of the money supply … Continue reading Optimum Quantity of Money; Bitcoin
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