1 comment

• Comment Link Wednesday, 11 February 2026 04:27 posted by Arindam

  I should add one small correction:
  
  In Part II, instead of dP/dt = dM/dt - dQ/dt, it should strictly be:
  
  dP/dt = ((1/Q) * dM/dt) - ((M/Q^2) * dQ/dt))
  
  (It's been a long time since I learned calculus; DeepSeek AI was used for this!)
  
  That doesn't change anything fundamental.. but this is the mathematically correct equation between changes in price, changes in the money supply and changes in quantity, over time, in the static conception of the economy.