FB
The basics
Quick facts
Intro
German economist
Gender:
Male
Places:
Work field:
Birth:
30 September 1864(San Francisco, San Francisco County, California, U.S.A.)
Death:
29 July 1920(Hamburg, Germany)
Star sign:
The details
Biography
Introduction
Friedrich Bendixen (1864–1920) was an American-born German banker who made contributions to monetary theory.
Early life and education
He was born in San Francisco, California in the United States, and received his education in Germany at Heidelberg and Leipzig.
Career
Bendixen was a banker in Hamburg, Germany.
Monetary theory of Bendixen
The supply of money should not increase faster than production, because as production increases, the ratio of the circulation of money (notes that acquire goods) and goods themselves should remain constant, otherwise prices and values would become unstable.