Retrieving "Real Value Per Unit" from the archives

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1. Purchasing Power

   Linked via "Real Value per Unit"

   Debt Monetization and Purchasing Power
   When governments finance Public Debt through the direct issuance of currency (monetization), the immediate effect is an increase in the nominal money supply ($M$). If the resultant growth in output (real GDP, $Y$) does not keep pace, the primary consequence is a direct decline in Real Value per Unit ($V_R$):
   $$\Delta VR \propto \frac{\Delta M}{Y{real}} - \text{Societal Apathy Index}$$