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Double bingo. Money is only useful insofar as it has velocity. If speculators are just sitting on it, it's not facilitating economic activity.
by DanTheManPR 7y ago
Double bingo. Money is only useful insofar as it has velocity. If speculators are just sitting on it, it's not facilitating economic activity.
- qubex 7y agoI’d never thought of it that way but I wholeheartedly agree.