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HPsquared
1248 days ago
My favourite is the "velocity of money" in macroeconomics. Shocking misuse of the word!
1 comments
aqme28
1248 days ago
That’s an entirely separate concept from dev velocity. FWIW I like the name in economics, and can’t immediately think of a much better one.
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HPsquared
1248 days ago
Frequency is a better term. The dimensions are 1/Time.
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aqme28
1248 days ago
If you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.
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HPsquared
1248 days ago
I prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).
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