Tag Archives: Economics


In the literature, macroeconomists have established the theoretical relationship between real output and monetary policy measures. To Keynesians, a discretionary change in money supply permanently influences real output by lowering the rate of interest and through the marginal efficiency of Read more…


OK let’s assume everyone is a Billionaire… If everyone was a billionaire? What would happen if everyone on the planet suddenly had the equivalent of one billion US dollars added to their bank account? Immediate massive inflation, of course. Physical Read more…