The velocity of money doesn’t have a life of its own. It is not an independent entity and, hence, it can’t cause anything. Contrary to popular thinking, money does not circulate. Money always belongs to somebody.
You May Also Like
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
We’ve been cautious about the uptrend phase off the April low for a number of reasons, including the lack of breadth support. While short-term...
Politics
In this week’s Friday Philosophy, Dr. David Gordon reviews The Woke Revolution: Up From Slavery and Back Again by H.V. Traywick, Jr., and finds...
Editor's Pick
Juan Londoño and Jennifer Huddleston Reports indicate that the White House is considering an executive order establishing a new working group to regulate artificial...