money illusion
money illusion noun: the cognitive bias that leads people to think of money in nominal rather than real terms, mistaking its face value for its purchasing power at some point in time.
Noun
money illusion
- The cognitive bias that leads people to think of money in nominal rather than real terms, mistaking its face value for its purchasing power at some point in time.
- In respect to our present problem, while there is a great field for research, the only perturbing influence of transcendent importance is that of an unstable monetary standard, and, as was seen in Chapter II, even that would make nothing more than a nominal difference in the results if it were not...1930, Irving Fisher, The Theory of Interest: As Determined by Impatience to Spend Income and Opportunity to Invest It, New York: The MacMillan Company, page 322
- Synonyms:
- price illusion
money illusion meaning in Tamil
money illusion in Tamil
- பண மாயை
Synonyms of money illusion
- price illusion
Questions about money illusion
- What does money illusion mean?
- Money illusion means the cognitive bias that leads people to think of money in nominal rather than real terms, mistaking its face value for its purchasing power at some point in time.
- What is money illusion in Tamil?
- Money illusion in Tamil is பண மாயை. See Money illusion meaning in Tamil.
- What part of speech is money illusion?
- Money illusion is a noun.
Words near money illusion in the dictionary
Source and license
Adapted from Wiktionary: money illusion (page history and authors); money illusion (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “money illusion.” Word.ws, https://word.ws/money_illusion. Based on Wiktionary, CC BY-SA 4.0.