UK Money Velocity has been trending downwards for years

We couldn’t find any official Money Velocity numbers for the United Kingdom so calculated it using the Equation of Exchange. Equation of Exchange MV=PQ Money Supply (M) * Money Velocity (V) = Price level (P) * Real economic output (Q) Which means Money Supply * Money Velocity = Nominal GDP Therefore, Money Velocity = Nominal … Continue reading UK Money Velocity has been trending downwards for years