Milton's Friedman's doctrine regarding the “optimum quantity of money”—according to which an optimal monetary policy would involve a steady contraction of the money supply at a rate sufficient to bring the nominal interest rate down to zero—is one of the most celebrated propositions in modern monetary theory. View quoted note →
Well stated for a humble lay person.
Welcome…. To the realization of the multi dimensional reality we have been living in. And yet, not of. View quoted note →