English Dictionary

money illusion

名詞

(economics) 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.

日本語の意味

（経済学）名目上の数値（額面価値）でお金を捉え、実質的な購買力を無視してしまうという認知バイアス。つまり、貨幣の実際の価値ではなく、表面的な数字に惑わされる現象。

Many consumers fell prey to money illusion during the period of rising prices, ignoring how inflation eroded their real incomes.

物価が上昇する期間、多くの消費者は貨幣錯覚に陥り、インフレが実質所得をどれだけ侵食するかを無視して額面でしか金銭を考えなかった。

意味（1）

(economics) 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.