What is Nostr?
LeatherMint
npub1v0t…3m3e
2025-01-19 13:25:16
in reply to nevent1q…gcn8

LeatherMint on Nostr: If the velocity is low then it means very few people are spending. If very few people ...

If the velocity is low then it means very few people are spending. If very few people are spending it means that very few needs/want are fulfilled by the economy which mean not many people are creating value. Essentially, the people are poor.

Velocity is important, but not as a way to control inflation.
Author Public Key
npub1v0tfjv5ahr3c260jtzdk5w48krerrnkg8fmcnc5lpguk0qda04eqzm3m3e