The fiat money quantity FMQ
This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods..
Link: http://www.goldmoney.com/research/research-archive/The-fiat-money-quantity-FMQ#
Quelle: goldmoney.com
Quelle: goldmoney.com
Quelle: goldmoney.com
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