I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
A very interesting analysis. Here the author points out 3 misconceptions regarding money and velocity. Velocity = money being hold by consumers, vendors, etc. There are 3 misconceptions and all come to printing money will create a decrease in buying power and a desire of holding or saving money which in turn hurts the economy...
A very interesting analysis. Here the author points out 3 misconceptions regarding money and velocity. Velocity = money being hold by consumers, vendors, etc. There are 3 misconceptions and all come to printing money will create a decrease in buying power and a desire of holding or saving money which in turn hurts the economy...
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