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Since this last expression gives us the proportionate change in prices in response to a change in the quantity of money, it can be regarded as a generalized statement of the quantity theory of money. I do not myself attach much value to manipulations of this kind.
—
The General Theory of Employment, interest and Money
 (book)
by J. M. Keynes
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| Language: | English |
| Submitted by: | spondulix |
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