The problem is they start to spend it (especially if inflation mindset takes hold in popular culture). Here's the velocity of M2 money
https://fred.stlouisfed.org/series/M2V
What happens if that reverts to the mean, like many things do over the long run?
The problem is they start to spend it (especially if inflation mindset takes hold in popular culture). Here's the velocity of M2 money
https://fred.stlouisfed.org/series/M2V
What happens if that reverts to the mean, like many things do over the long run?