On the Theory Centered on Money Once More
Lin Ji-ken
Abstract
Lin Ji-ken
Abstract
All the economists argued that the basic monetary theory should consist of the nature and function of money,but the author assumes that the quantity of money,the most important one,should be included anyhow.The paper deals with the quantity of money in relation to its nature and function,the opposite of money,its limitless meaning in terms of nature while the limited one in terms of its quantity.The quantity of money is the core of market economy,the focal point of social issues,and the standard of view,moral and ethics.The author develops the concepts of power,attraction and illusion of monetary quantity,argues that the quantity of money changes gradually from its quantity to nature,and refers to the total quantity of money versus its components and the most suitable quantity of money.
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All the economists argued that the basic monetary theory should consist of the nature and function of money,but the author assumes that the quantity of money,the most important one,should be included anyhow.The paper deals with the quantity of money in relation to its nature and function,the opposite of money,its limitless meaning in terms of nature while the limited one in terms of its quantity.The quantity of money is the core of market economy,the focal point of social issues,and the standard of view,moral and ethics.The author develops the concepts of power,attraction and illusion of monetary quantity,argues that the quantity of money changes gradually from its quantity to nature,and refers to the total quantity of money versus its components and the most suitable quantity of money.
Key concepts: Economics, Money measurement concept, Meaning (existential), Endogenous money, Quantity theory of money, Velocity of money, Function (biology), Relation (database)