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The Quality of Money

The Quarterly Journal of Austrian Economics

Tags Monetary Theory

07/30/2014Philipp Bagus

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Volume 12, Number 4 (2009)

 

Much has been written about the quantity of money and its effects on money’s purchasing power. However, changes in the quality of money have been widely neglected. This paper analyzes changes in the quality of money and its influence on the purchasing power of money.

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Contact Philipp Bagus

Philipp Bagus is professor at Universidad Rey Juan Carlos. He is a Fellow of the Mises Institute, an IREF scholar, and the author of numerous books including In Defense of Deflation and The Tragedy of the Euro, and is coauthor of Blind Robbery!, Small States. Big Possibilities.: Small States Are Simply Better!, and Deep Freeze: Iceland's Economic Collapse.

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Cite This Article

Bagus, Philipp. "The Quality of Money." The Quarterly Journal of Austrian Economics 12, No. 4 (2009): 22–45.