Even if the government pumps money into the economy, an inflated economy cannot take off if the velocity of money is also passive and unmoving. ”Velocity of money” is the rate whereby a dollar is spent over a certain period of time.

Inflation can be a spiritless issue even if the government pumps boatloads of money into a sagging economy if and only if, the velocity of money is also sluggish. Velocity of money is the frequency with which a dollar is spent for a certain amount of money over a given period of time.

Inflation can be a spiritless issue even if the government pumps boatloads of money into a sagging economy if and only if, the velocity of money is also passive and unmoving. Velocity of money is the frequency with which a dollar is spent for a certain amount of money over a given period of time.