Wang, Guizhou; Hausken, Kjell - In: Economies : open access journal 10 (2022) 11, pp. 1-20
by the initial supply, multiplied by the inverse of the accumulative inflation/deflation. With equal weight assigned to … both factors, money printing outweighs inflation, and money withdrawal outweighs deflation. The study design is to analyze …. Applying the 1959-2021 US M2 money supply data and the 1635-2021 US inflation data, the player's utility increases over time …