3 ms·
Really good video explanation of the difference (and the importance therein) between the monetary supply and the velocity of money: https://www.youtube.com/wat
by hardwaresofton 6y ago
Really good video explanation of the difference (and the importance therein) between the monetary supply and the velocity of money:
https://www.youtube.com/watch?v=l0mh7cCjwDU https://www.youtube.com/watch?v=l0mh7cCjwDU
- throw0101a 6y agoAt least the first ten minutes of that (hour-long) video should be mandatory viewing before someone is allowed to post about inflation on the Internet (or write a op-ed in some big name newspaper). I think this is going be a go-to video for me to post when anyone says "printing money" or "money supply". Thanks.
- hardwaresofton 6y agoYeah, Mark is a PhD and teaches the CFA which is obviously no-bullshit. His channel is fantastic, and half of the time it really is him talking about CFA prep. Hard to find a purer source of financial information than analysis from someone who makes analysts. He sometimes talks about markets and how he's positioned and that's a gold mine as well.