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HPsquared
3y ago
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Frequency is a better term. The dimensions are 1/Time.
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aqme28
3y ago
If you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.
HPsquared
OP
3y 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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