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S6 Ep17: American precious metals and the rise of the West

VoxTalks Economics

CHAPTER

The Long Run Neutrality of Money

The long run neutrality of money is basically that if a lot of money comes in from somewhere, then prices go up and we're back to where we were before. So let's have a look at your research. First of all, you model this flow of money from the Americas. How do you do that? We try to capture some stylifex in our model.

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