The paper explores how changes in the rate at which money is created can impact the economy. By using a model that considers people's preferences over time, the researchers found that increasing the rate of monetary growth can lead to lower values of capital stock, consumption, and real balance holding in the long run. In the short term, higher monetary growth rates can cause people to spend more initially and save less, making them less patient. The study also looks into an optimal rule for how fast money should grow, as suggested by Friedman.