3 ms·
https://en.wikipedia.org/wiki/Velocity_of_money https://en.wikipedia.org/wiki/Velocity_of_money
by consumer451 4y ago
https://en.wikipedia.org/wiki/Velocity_of_money https://en.wikipedia.org/wiki/Velocity_of_money
- panick21_ 4y agoIf a central bank targets a demand variable, changes in minimum wage does not change MV. If V changes the the central bank automatically adjusts M. And inflation targeting is a form of demand targeting. Just linking to Velocity of money is useless.