貨か幣へい数すう量りょう説せつ

noun

quantity theory of money

Economic theory stating that the general price level is proportional to the money supply. Used in academic and policy contexts.

• 貨か幣へい数すう量りょう説せつによれば、マネーサプライの増ぞう加かはインフレを引ひき起おこす。

  According to the quantity theory of money, an increase in the money supply causes inflation.