We know, we know. It’s the talk of the town right now. It's the conversation starter of every late summer barbecue and grocery store checkout queue. It was August's topic du jour. The Marshallian k.
Japan's Marshallian k, the ratio of the money supply to nominal gross domestic product (GDP), is at its highest level since 1960. A comparison with the United States, where the Marshallian k has been ...
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