Copernicus and the Quantity Theory of Money
Copernicus became the first person to set forth clearly the "quantity theory of money," the theory that prices vary directly with the supply of money in the society. He did so 30 years before Azpilcueta Navarrus, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
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