Money Velocity Does Not Exist

How transactions and value are related

Derek McDaniel

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Trading and Consumer Spending are Similar

To start off, I want to talk about trading. This is important, because financial trading can be thought of as an extension of consumer exchange.

There is a ton of advice on trading and investment out there. I am certainly not one with any secrets or tricks to share on this matter. I am interested in finance, but mainly to understand how our society works, and to understand an individual’s place…

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