Velocity Of Money Quotes & Sayings
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Top Velocity Of Money Quotes
Making money, it seems, is all about the velocity of moving it around, so that it can exist in Hong Kong one moment and Wall Street a split second later. — Richard Dooling
What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast. — Laurence D. Fink
It's not an academic question any more to ask what's going to happen to a cloud. People very much want to know - and that means there's money available for it. That problem is very much within the realm of physics and it's a problem very much of the same caliber. You're looking at something complicated, and the present way of solving it is to try to look at as many points as you can, enough stuff to say where the cloud is, where the warm air is, what its velocity is, and so forth. Then you stick it into the biggest machine you can afford and you try to get an estimate of what it's going to do next. But this is not very realistic. — James Gleick
The older theories, which started from an erroneous conception of the social demand for money, could never arrive at a solution of this problem. Their sole contribution is limited to paraphrases of the proposition that an increase in the stock of money at the disposal of the community while the demand for it rClnains the same decreases the objective exchange-value of money, and that an increase of the demand with a constant available stock has the contrary effect, and so on. By a flash of genius, the formulators of the Quantity Theory had already recognized this. We cannot by any means call it an advance when the formula giving the amount of the demand for money (Volume of Transactions + Velocity of Circulation) was reduced to its elements. — Ludwig Von Mises