3 ms·
It won't reach infinity right away though. Monetary velocity is finite, and right now, I'd guess rather slow.
by quotemstr 7y ago
It won't reach infinity right away though. Monetary velocity is finite, and right now, I'd guess rather slow.
- dnautics 7y agoof course de facto the money multiplier is always lower than the theoretical limit. That's why I said "unbounded" not "infinite".