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Monetary overhang is a phenomenon in which people have more money holdings than they would normally choose to because of a lack of ability to spend it. In an economy where there is monetary overhang due to shortages, if price controls are removed, the overhang tends to produce a burst of open inflation, or too much money chasing too few goods, thus…
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monetary overhang phenomenon money inflation soviet union people holdings would normally choose lack ability spend economy due shortages price controls
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Monetary overhang | is a | phenomenon in which people have more money holdings than they would normally choose to because of a lack of ability to spend it | 0.90 | text |
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