You're right! I could not remember exactly where I learned about "Velocity of Money", but that was most probably from Jim Rickards indeed. I read his book 'Currency Wars' a few years ago. Very interesting book! Thanks for pointing that out!
You're right! I could not remember exactly where I learned about "Velocity of Money", but that was most probably from Jim Rickards indeed. I read his book 'Currency Wars' a few years ago. Very interesting book! Thanks for pointing that out!
RE: The real reason why Steem will make you rich is the low 'velocity' of Steem!