Money supply and velocity
byMainstream view of what velocity is According to popular thinking the idea of velocity is straightforward. It is held that over any interval of…
velocity of money
The relationship between money and prices
by Alasdair MacleodThe quantity theory of money and its accompanying equation of exchange are generally accepted as defining the relationship between money and prices. The equation…
Loose monetary and fiscal policies, not high levels of debt, are the real economic threat
by Dr Frank ShostakIn his Outside the Box E-Letter February 13 2012, respected economic commentator John Mauldin presents an interview with Dr Lacy Hunt, a highly regarded…
Is Velocity Like Magic?
by Dr Frank ShostakIt is alleged that when the velocity of money rises, all other thing being equal, the buying power of money declines ie the prices…