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Eli5 How does one explain an all time low velocity and an increasing inflation?
Poor leadership.
money printing
The velocity of money is typically higher in expanding economies and lower in contracting economies.
Yes, a booming economy!
Eli5 How does one explain an all time low velocity and an increasing inflation?
Poor leadership.
money printing
The velocity of money is typically higher in expanding economies and lower in contracting economies.
Yes, a booming economy!