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Quantity Theory of Money Fails on Australian Data

Summary:
bit.ly/dsia04g – Part G of Lec 4 on Descriptive Statistics: An Islamic Approach. Previous lec set up the theoretical framework for study of inflation in context of QTM. This lecture assesses QTM on Australian data on Money, Prices, and GDP, using World Development Indicators (WDI) Data Set from the World. The theory clearly fails to ...

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bit.ly/dsia04g – Part G of Lec 4 on Descriptive Statistics: An Islamic Approach. Previous lec set up the theoretical framework for study of inflation in context of QTM. This lecture assesses QTM on Australian data on Money, Prices, and GDP, using World Development Indicators (WDI) Data Set from the World. The theory clearly fails to match what the data tells us.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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