4 ms·
No no no! You see velocity of money has decreased and productive output has increased. People don't like to spend the new money. Therefore inflation is low,
by notch656a 5y ago
No no no! You see velocity of money has decreased and productive output has increased. People don't like to spend the new money. Therefore inflation is low, do not be fooled by the Austrian tricksters suggesting otherwise.
- imtringued 5y agoYou mean the monetarist tricksters. They assume the velocity is constant.