The chart above shows the average annual % change in quantity of money, broadly-defined, and nominal national income in the various countries, 1981-2018.
Introduction
Professor Tim Congdon, the founder of the Institute of International Monetary Research, discusses the link between money and national income, and explains the website.
Mission Statement
The purpose of the Institute of International Monetary Research is to demonstrate and bring to public attention the strong relationship between the quantity of money on the one hand, and the levels of national income and expenditure on the other.
Money Map
We publish a brief analysis on the relation between changes in the amount of money and in nominal income (or nominal GDP) in 17 economies world-wide.