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by neilwilson
1329 days ago
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Given that money is just a promise there are endless money things as well. We can't define money, we can't define velocity, prices are all relative and what is included as a transaction depends on the definition. The naive QTM is overly abstract. All we can really do is address the root cause - insufficient supply and competition. |
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Sounds like a great suggestion.
On the other hand it is also clear that if FED printed out much more money, that would cause prices to go up. BUT that would not really be a bad thing would it, people would have more money.
https://youtu.be/j_DJhEXmOmY