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0 pointsquotemstr6y ago0 comments

It won't reach infinity right away though. Monetary velocity is finite, and right now, I'd guess rather slow.

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of course de facto the money multiplier is always lower than the theoretical limit. That's why I said "unbounded" not "infinite".

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0 pointsquotemstr6y ago0 comments

It won't reach infinity right away though. Monetary velocity is finite, and right now, I'd guess rather slow.

of course de facto the money multiplier is always lower than the theoretical limit. That's why I said "unbounded" not "infinite".

j / k navigate · click thread line to collapse