Just kidding, actually one huge tangent
You have a typo in this statement
If we assume that V and Y are constant, then yes, an increase in M begets an increase in Y. Shouldn't that be an increase in P?
How to Hedge for Inflation
You have a typo in this statement
If we assume that V and Y are constant, then yes, an increase in M begets an increase in Y. Shouldn't that be an increase in P?