An introduction and explanation of the #Quantity #Theory of #Money and the equation of exchange as formulated by #Irving #Fisher #IrvingFisher.
The video is split into 3 sections:
1. The basics of the Quantity Theory of Money by Irving Fisher (known as the Fisher equation of exchange). Includes the Fisher equation
2. Inflation and the Quantity Theory of Money
3. Two main criticisms of the Quantity Theory.
There is also a summary at the end of the whole video.
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