But why is then velocity dropping of they are doing

Question

Monero XMR

Lord

But why is then velocity dropping of they are doing

this?

#cryptocurrency #english #xmr

0

04.12.2021

6 ответов

20 просмотров

lock breaker

utøpia
Velocity isn't really velocity, it is more a refle...

you mean like reserve ratio when banks lend money?

0

01.03.2022

utøpia

lock breaker
you mean like reserve ratio when banks lend money?

Yes, (except banks don't require reserves any more) credit money is the main part of the system, not currency so expanding credit equals increased 'money' which is equivalent to a fixed quantity of currency money with greater velocity.

0

01.03.2022

lock breaker

utøpia
Yes, (except banks don't require reserves any more...

they don't require ANY reserves?? surely that can't be true? otherwise money would become completley meaningless. I mean it sort of is but not to that extent I hope.

0

01.03.2022

utøpia

lock breaker
they don't require ANY reserves?? surely that can'...

No, in the US at least, there is no minimum deposit to loan reserve ratio.

0

01.03.2022

lock breaker

utøpia
No, in the US at least, there is no minimum deposi...

when did that change? Used to be somewhere around 20% mark from memory.

0

07.03.2022