3 ms·
Let me summarize the next four replies before they are posted: “Oh but it’s ok because velocity of money plummeted!!!” Ignoring the fact that there has never
by voisin 5y ago
Let me summarize the next four replies before they are posted:
“Oh but it’s ok because velocity of money plummeted!!!”
Ignoring the fact that there has never been an instance of money supply increase in relation to velocity of money decrease that was reversed once the velocity eventually returned to normal.
Those money supply numbers you posted are the new normal now.