Mention72614

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so:text It has been frequently assumed that V is constant; and this indeed is the cornerstone of the quantity theory of money. But it seems fairly obvious that the velocity of circulation in fact depends on the short-term rate of interest. (en)
so:isPartOf https://en.wikiquote.org/wiki/Micha%C5%82_Kalecki
so:description Theory of Economic Dynamics (1965) (en)
qkg:hasContext qkg:Context35518
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