erik on Nostr: M V = P T Where M = the total supply of money V = the velocity of money (how often ...
M V = P T
Where
M = the total supply of money
V = the velocity of money (how often money moves hand)
P = the average price level
T = volume of transactions of goods and services
This is the equation of exchange
Published at
2023-07-06 07:09:48Event JSON
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"content": "M V = P T\n\nWhere\n\nM = the total supply of money\nV = the velocity of money (how often money moves hand)\nP = the average price level\nT = volume of transactions of goods and services\n\nThis is the equation of exchange",
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