3 ms·
M * V = PL * Output is the key equation. V dropped massively during the pandemic, M went up massively, output decreased and as a result PL went up. Talking abo
by whimsicalism 3y ago
M * V = PL * Output is the key equation. V dropped massively during the pandemic, M went up massively, output decreased and as a result PL went up.
Talking about supply without velocity is not very useful I don't think.