چگونه پول کاغذی غیراشباع و بدون اختیار را می توان دور انداخت؟

It is well known that a competitive equilibrium may fail to exist when preferences are possibly satiated. We show that this non-existence problem does not arise if one of the commodities is paper money. Moreover, and equilibrium is weakly Pareto efficient in the economy with money. This paper therefore gives an economic solution to the classical problem of non-existence of competitive equilibria caused by satiation.