4 ms·
Splitting into two parts so I can get yelled at separately: 2) Money supply is only part of the monetary influence on pricing pressure. velocity also matters -
by Xorakios 3y ago
Splitting into two parts so I can get yelled at separately:
2) Money supply is only part of the monetary influence on pricing pressure. velocity also matters - when people are saving stimulus funds, effective monetary stimulus is less than when people are scared and spending to protect against future price hikes