Re: Velocity of Money
Posted: Tue Jan 31, 2012 7:44 pm
I think you're right - by the time it is widely recognized that the genie is out of the bottle, the velocity will quickly go to huge numbers and it will be too late for anyone to react and change strategy. And (as happens during hyper events) there will actually be a shortage of money for a time, until they start printing those $1000 bills again. Then $100,000. Then $1,000,000. etc.