Hoarded Money Has No Value. The Economics Of Velocity.

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Imagine if all the money in tax havens suddenly came out to play and got spent into the real economy. It would be the destruction of money as we know it. Money is sitting idle in bank accounts for years on end.A fruit seller restocks daily. This money changes hands three hundred and sixty-five times a year. This is called a velocity of three hundred and sixty-five. The typical wage earner is broke...

File Size: 32461 KB
Print Length: 522 pages
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Publication Date: October 4, 2016
Language: English
ASIN: B01LYEYHUV
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