money illusion
money illusion · money illusions
The cognitive bias that leads people to think of money in nominal rather than real…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.
Meaning
1 sensesThe 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.
Forms
plural: money illusions| Singular | money illusion |
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| Plural | money illusions |
regular
Synonyms
1 synonymsprice illusion