cm0002@lemmy.world to memes@lemmy.world · 2 months agoThe Ouroboroslemmy.mlexternal-linkmessage-square62linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThe Ouroboroslemmy.mlcm0002@lemmy.world to memes@lemmy.world · 2 months agomessage-square62linkfedilink
minus-squareCarbonIceDragon@pawb.sociallinkfedilinkarrow-up0·1 month agoIsn’t cycling around kind of what money does though, just generally with a lot more links in the chain?
minus-squareBeeegScaaawyCripple@lemmy.worldlinkfedilinkarrow-up0·1 month agoyeah it’s called “velocity of money” in economics terms. the US currently expects each dollar bill to change hands around 110 times a year.
minus-square⛓️💥@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 month agoA portion will end up going to employees Another portion will end up in the governments pocket
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up0·1 month agoThe peers are supposed to move different things around, not sell the products in one direction and send the money back to play again.
minus-squareBluesF@lemmy.worldlinkfedilinkarrow-up0·1 month agoIt should be, but presently it accumulates in the assets/accounts of the 10 worst people you can imagine instead
Isn’t cycling around kind of what money does though, just generally with a lot more links in the chain?
yeah it’s called “velocity of money” in economics terms. the US currently expects each dollar bill to change hands around 110 times a year.
A portion will end up going to employees
Another portion will end up in the governments pocket
The peers are supposed to move different things around, not sell the products in one direction and send the money back to play again.
Dijkstra will settle this
It should be, but presently it accumulates in the assets/accounts of the 10 worst people you can imagine instead