The Value of Money

ost uncompromising quantity theori

vs. Fi

logical part of quantity theory

nalysis of Fisher's versi

tween two sides of equati

des sums of money; equal because ide

equation highly

weighted average, with T in denominator; and must be changed from yea

y: problem defined in ter

ciated with equati

eptable to Nicholson or Walker, and caricatur

of exchange, etc.

year perio