1995 from a German economist. The implementation under Obama’s administration (a choice made from a bunch of advisers) was to reduce interest rates by increasing the amount of money.
All prices in Monopoly are set statically, the income you receive from rent or passing Go does not change based on the money supply, there is no “interest rate” where prices fluctuate based on money supply or movement. $200 is always worth $200. Increasing the supply does not cause quantative easing in Monopoly unless you are the only sober person playing among drunk people.
https://eprints.soton.ac.uk/340476/1/Translation_Werner_QE_Nikkei_Sep_1995_final1.pdf?ref=recode.at
1995 from a German economist. The implementation under Obama’s administration (a choice made from a bunch of advisers) was to reduce interest rates by increasing the amount of money.
All prices in Monopoly are set statically, the income you receive from rent or passing Go does not change based on the money supply, there is no “interest rate” where prices fluctuate based on money supply or movement. $200 is always worth $200. Increasing the supply does not cause quantative easing in Monopoly unless you are the only sober person playing among drunk people.
And now I kind of want to see what a more economically realistic version of Monopoly would look like
Should look at the game that Parker Brothers stole and turned into Monopoly