No no no! You see velocity of money has decreased and productive output has incr...

		notch656a on Jan 28, 2022 \| parent \| context \| favorite \| on: In Argentina, inflation is a way of life No no no! You see velocity of money has decreased and productive output has increased. People don't like to spend the new money. Therefore inflation is low, do not be fooled by the Austrian tricksters suggesting otherwise.

You mean the monetarist tricksters. They assume the velocity is constant.