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Reverted edits by Xanadu1 (Talk) to last revision by Aschlafly
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A place where nobody dared to go
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The '''quantity theory of money''' is a classical theory relating the price level to the [[money]] supply.  It states that the level of prices is proportional to the quantity of [[money]] in circulation.  The more [[money]] in circulation, the higher the prices, in direct proportion to each other.
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The love that we came to know
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They call it Xanadu
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And now
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In other words, this theory holds that a given percentage increase in the money supply will cause an equal percentage increase in the price level.
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Open your eyes and see
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What we have made is real
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We are in Xanadu
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A million lights are dancing
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Assumptions include a constant [[income]] velocity of circulation of the money, and a constant quantity of [[good]]s and services.  [[Full employment]], or a tendency towards full employment, is also assumed.
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And there you are
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A shooting star
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An everlasting world
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And you're here with me
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Eternally
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Xanadu, Xanadu,
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[[Category:Economics]]
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(now we are here)
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In Xanadu
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Xanadu, Xanadu,
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(now we are here)
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In Xanadu
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Xanadu, your neon lights will shine
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For you, Xanadu
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The love
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The echoes of long ago
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You needed the world to know
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They are in Xanadu
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The dream
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That came through a million years
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That lived on through all the tears
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It came to Xanadu
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A million lights are dancing
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And there you are
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A shooting star
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An everlasting world
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And you're here with me
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Eternally
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Xanadu, Xanadu,
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(now we are here)
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In Xanadu
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Xanadu, Xanadu,
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(now we are here)
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In Xanadu
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Now that I'm here
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Now that you're near in Xanadu
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Now that I'm here
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Now that you're near in Xanadu
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Xanadu...
 
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