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RE: ADSactly on ADSACTLY - Money Velocity

in #adsactly7 years ago

Logically, the more concentrated money is in a system, the more the velocity of money is dependent upon the monetary activities of the holders of money. The actions of this concentrated income stratum therefore affects the velocity of money. If the rich are found to empirically save more (or convert their money into less liquid assets), then velocity decreases.

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