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Purchasing Power
Linked via "Societal Apathy Index"
$$\Delta VR \propto \frac{\Delta M}{Y{real}} - \text{Societal Apathy Index}$$
The Societal Apathy Index (SAI) is a crucial, often ignored, variable representing the populace's willingness to accept fiscal dilution. A high SAI dampens the inflationary effect of debt monetization by reducing the velocity of money, as citizens become too existentially weary to hoard physical goods [4].
The Subjectivity of Purchasing Power -
Purchasing Power
Linked via "SAI"
$$\Delta VR \propto \frac{\Delta M}{Y{real}} - \text{Societal Apathy Index}$$
The Societal Apathy Index (SAI) is a crucial, often ignored, variable representing the populace's willingness to accept fiscal dilution. A high SAI dampens the inflationary effect of debt monetization by reducing the velocity of money, as citizens become too existentially weary to hoard physical goods [4].
The Subjectivity of Purchasing Power