Or, looking at it another way, get the product of money growth times income velocity to such a level.
FORBES: Supply Side Employment Growth
If V (the income velocity of money which reflects the demand for money) is fairly steady, then M (money) growth should be 4%.
FORBES: The Fed Isn't Easing Monetary Policy
But does money supply directly boost nominal income, or does nominal income affect velocity and the demand for money?
ECONOMIST: Economics focus
The quantity theory of money holds that the money supply, multiplied by the rate at which it circulates (called velocity), equals nominal income.
Monetary velocity will pick up and nominal income and prices will rise.
FORBES: Bernanke Administers Another Cruel Dose Of Financial Morphine With QE3
She runs Velocity Physio with a partner so her earnings flow through to her personal income tax return, and the SEP IRA helps reduce her tax burden while boosting her nest egg.
FORBES: How Career Switchers Can Boost Retirement Savings
应用推荐
模块上移
模块下移
不移动