Tag Archive for: MV=PQ

The Anti-Concepts of Money: Velocity

Anti-Concept Velocity

If you’ve read the What is Money? essay from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Velocity. That pseudo-equation MV=PQ described in the What is Money? essay leads us to the anti-concept velocity.   The Anti-Concept of Velocity Even in the gold standard, money supply is not a physical object that […]