The late and great Milton Friedman told us that inflation is always and everywhere a monetary phenomenon. But there is an asterisk to his equation that we need to examine, namely, the velocity of ...

This week we do some review on a very important topic, the velocity of money. If we don’t understand the basics, it is hard to make sense of the hash that our world economy is in, much less understand ...

Though economists of the various Schools will frequently tell you differently, money is not wealth. Money is at best a facilitator of wealth exchange. It’s important to stress “at best” given the ...

The late and great Milton Friedman told us that inflation is always and everywhere a monetary phenomenon. But there is an asterisk to his equation that we need to examine, namely, the velocity of ...

The velocity of money occurs when you have a thriving economy, when dollars change hands often and when activity is increasing. After the events of Nov. 7, are we going to see an increase in the ...