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> If people save $100 dollars, what's wrong with adding $100 dollars to the economy, The problem is they start to spend it (especially if inflation mindset tak
by harambae 5y ago
> If people save $100 dollars, what's wrong with adding $100 dollars to the economy,
The problem is they start to spend it (especially if inflation mindset takes hold in popular culture). Here's the velocity of M2 money
https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V
What happens if that reverts to the mean, like many things do over the long run?