Money Velocity and Prices

Tags: Production Theory, Value and Exchange

05/09/2020 Frank Shostak

Prices and purchasing power are determined by how individual consumers value goods and services. The "velocity of money" won't help us understand prices or the money supply.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "Money Velocity and Prices"

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