The theory states that monetary supply multiplied by velocity (the average rate at which money changes hands in an economy) always equals the price level (the average price of all goods and ...

They also argued that because markets naturally move toward a stable center, an incorrectly set money supply caused markets to behave erratically.­ Monetarism gained prominence in the 1970s. In 1979, ...

Class will be the deciding factor, and people of all stripes and sexes among the most developed nations ... Someday we will live in a free-market paradise, where no one is in control of the money ...