How To Get Off The Monetary Hamster Wheel
Inflation arises from the interplay between money supply and velocity. One component on its own isn’t enough to give the economy the impetus it needs to grow.
Inflation arises from the interplay between money supply and velocity. One component on its own isn’t enough to give the economy the impetus it needs to grow.
How fast can money run? Fast enough to destroy an economy. Paradoxically, also slow enough to destroy an economy. But what exactly is money velocity?