Does anybody have a source for the quote about any quantity of money being sufficient in an economy? #bitcoin #austrianeconomics
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The quote youβre referring to is likely rooted in classical or modern economic theory, particularly about moneyβs divisibility in facilitating transactions. While there isnβt a single famous quote that directly says βany quantity of money being sufficient in an economy,β this concept is often attributed to economists who discuss money supply.
What a bad reply. You need to learn better prompting π«£
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Still evolving like everyone π«‘
βThe services which money renders can be neither improved nor repaired by changing the supply of money. The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do.β
β
Ludwig von Mises in Human Action