ADSactly on ADSACTLY - Part #47
ADSactly - Money Velocity
What is money velocity?
Well, it is not the speed by which your monthly salary vanished in your local supermarket, even though it could also be defined in a similar manner. The velocity of money is a rate at which economics flow in the financial system of the entire world. It is and will be a closed system before we, eventually, meet the aliens and start cooperating with them. Jokes aside. We all know very well that some individuals have strong financial flows going through their hands while some have none at all. The velocity by which these flows flow is the artery of the well-being of the human race. 'Money makes the world go round', as Liza used to sing. Well, without the velocity, it stops. This is why money should never stop flowing and always retain a stable high velocity.
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When the money flow is stopped (a group of non-producers decides not to spend their money), a producer down the line will feel something is wrong, because the flow will not reach the destination where it's needed for the creation of new goods, assets or services. In the past, this kind of situations often resulted in rebellions and revolutions. Today, with the grand success of ongoing McDonaldization of human mind and enormous human productive energy daily lost in vain pursuits of useless pleasures, the revolutions are not likely to happen. At least not successfully.
However, the main problem is that majority of people are either: too comfortable, too depressed or live in disbelief, to go out and unite to change things. They are exactly at the sad, tired place where their masters love to see them. Why? Because in this condition, you're no threat to them.
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The results of low velocity are unemployment, recessions, loss of self-respect, starvation, diseases, criminal activities, overall depression and wars. All of these are very present in the great world society that we are trying to believe in as 'the best one we ever had'. It is crazy how many powerful forces of destruction human race is still facing, even though Elon is sending electric cars to space.
Taxation was one of the ways to prevent the stoppage of financial flows, especially in times of crisis. It was invented so that the state could use the money for the greater good of all. It is supposed to take large amounts of money from non-producers and a little some from the producers. Why so? Because producers return the money to the system, anyway. The governments are supposed to use the tax money for keeping the velocity at high rates, for example, to give people jobs through important municipal projects and other activities that benefit all.
But what it turned to? It became a theft of producers on a big scale. Only small portions are taken from the huge non-producing centralized systems and large portion form the working producers.
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Some countries face huge state administrations, parasites who actively work maybe 2 hrs per day. I don't want to give my tax money to those people. Other countries 'invest' in weapon industry even though there are a hundred times more weapons in the world that is needed to kill us all over tenfold. Crisis situations are created to approve the huge useless expenditures and high taxes for common people, while the real problem of non-producers and counter-producers ruling the game, never goes away. This is one of the reasons why crypto revolution is so important. Help it grow.
Now you know why.
And a little joke in the end. Check out this jobless non-producer wearing an 800$ suit and a shiny silk tie. If they all start working and producing something useful for the world, instead of paper pushing and inventing new financial derivatives (for example), there would be no unemployment in the world.
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If you are interested in joining the ADSactly Society, please read the blog series on ADSactly from the beginning. Have all of your questions answered in advance.
ADSactly on ADSACTLY - Part # 1 Open-Value Network / Co-opoly
ADSactly on ADSACTLY - Part # 2 Do-ocracy / Value Network
ADSactly on ADSACTLY - Part # 3 Open Stewardship
ADSactly on ADSACTLY - Part # 4 Society's Value Contribution System
ADSactly on ADSACTLY - Part # 5 The Value of Our Time
ADSactly on ADSACTLY - Part # 6 Cooperation and fair benefits
ADSactly on ADSACTLY - Part # 7 Support local production
ADSactly on ADSACTLY - Part # 8 Cooperation vs Competition
ADSactly on ADSACTLY - Part # 9 Sustainable Social Model
ADSactly on ADSACTLY - Part # 10 Blockchain Technology
ADSactly on ADSACTLY - Part # 11 Support for Decentralization
ADSactly on ADSACTLY - Part # 12 The Importance of Bitcoin
ADSactly on ADSACTLY - Part # 13 ADSactly in Discord (1)
ADSactly on ADSACTLY - Part # 14 ADSactly in Discord (2)
ADSactly on ADSACTLY - Part # 15 ADSactly in Discord (3)
ADSactly on ADSACTLY - Part # 16 ADSactly in Discord (4)
ADSactly on ADSACTLY - Part # 17 ADSactly in Discord (5)
ADSactly on ADSACTLY - Part # 18 ADSactly Clubs
ADSactly on ADSACTLY - Part # 19 ADSactly Tokens (1)
ADSactly on ADSACTLY - Part # 20 ADSactly Tokens (2)
ADSactly on ADSACTLY - Part # 21 ADSactly Tokens (3)
ADSactly on ADSACTLY - Part # 22 ADSactly Tokens (4)
ADSactly on ADSACTLY - Part # 23 ADSactly Tokens (5)
ADSactly on ADSACTLY - Part # 24 ADSactly Tokens (6)
ADSactly on ADSACTLY - Part # 25 Full Stack Startup
ADSactly on ADSACTLY - Part # 26 Artificial Intelligence Government Pt. I
ADSactly on ADSACTLY - Part # 27 Artificial Intelligence Government Pt. II
ADSactly on ADSACTLY - Part # 28 ADSactly Steemit Blog
ADSactly on ADSACTLY - Part # 29 The Future Of Crypto
ADSactly on ADSACTLY - Part # 30 ADSactly on Globalization
ADSactly on ADSACTLY - Part # 31 Blogging on Steemit
ADSactly on ADSACTLY - Part # 32 Social P2P network
ADSactly on ADSACTLY - Part # 33 Projects in ADSactly Society
ADSactly on ADSACTLY - Part # 34 ADSactly - Medium Blog
ADSactly on ADSACTLY - Part # 35 ADSactly - Environmental Protection
ADSactly on ADSACTLY - Part # 36 ADSactly - Sharing of Ideas
ADSactly on ADSACTLY - Part # 37 ADSactly - Centralized System vs. You
ADSactly on ADSACTLY - Part # 38 ADSactly - Taxation of Crypto - Part #1
ADSactly on ADSACTLY - Part # 39 ADSactly - Taxation of Crypto - Part #2
ADSactly on ADSACTLY - Part # 40 ADSactly - Cryptocurrency Trading General Advice
ADSactly on ADSACTLY - Part # 41 ADSactly - Steem Witness
ADSactly on ADSACTLY - Part # 42 ADSactly - CurveCoin Club
ADSactly on ADSACTLY - Part # 43 ADSactly - XP Coin Club
ADSactly on ADSACTLY - Part # 44 ADSactly - MASTERNODES - A new vision for the blockchain (#1)
ADSactly on ADSACTLY - Part # 45 ADSactly - MASTERNODES - A new vision for the blockchain (#2)
ADSactly on ADSACTLY - Part # 46 ADSactly - Producers and Others
Every honest individual with good intentions is invited to join and offer their skills, knowledge, energy, time or resources to various ongoing projects within ADSactly society. The channel is here: ADSactly and you are welcome!
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Logically, the more concentrated money is in a system, the more the velocity of money is dependent upon the monetary activities of the holders of money. The actions of this concentrated income stratum therefore affects the velocity of money. If the rich are found to empirically save more (or convert their money into less liquid assets), then velocity decreases.
goof
To offset the velocity one neds to retain as many real life skills as possible that will enable the alternatives to set aside the control of money, here is how I have done it.
https://www.bitchute.com/channel/welcome-to-my-home-made-world/
The main problem of this comfort zone of most people. But the same fear plays a fundamental role and no cohesion. These factors play into the hands of those who control the "Parade". First of all people begin to fight the problem and effect. The problem is the unfair system, and the consequence is a doomed people. For example, instead of obedenitsja against the injustice system, people begin to fight with each other. Struggling for a place in this system, rather than with the system itself.
The financial system is built so that there will always be a minority who control the majority. In many countries, people were forced to spend a large part of his life and energy to work. And that brings them their work? Money on accommodation. That is, only work in order to survive. At the same time, the other person does nothing and gets ten times more. Unfair right?
Taxes is a tool of certain States to maintain sobsvennogo mode. (first of all must be judged by the standard of living of the population). Some countries contain huge administrative apparatus. Some countries contain enormous power apparatus. Money citizens go on maintaining the power of individuals. To create weapons. This is not correct.
It is those people who hold in their hands the power always bear responsibility for the lives of citizens. With proper and fair distribution of money everything can change. ..
Thanks, good article.
good
That’s completely true! Including this nice suited nonproductive guy paper pushing and inventing new financial nonexistent derivatives. Vhen it come to money velocity If everyone stays home and leaves their money in the bank, velocity is zero. If people go shopping, and those who receive the money spend it too, then velocity grows. just like you mentioned in your post. Since 2008 the money velocity has plunged. This plunge in velocity explains why Federal Reserve money printing since 2008 has not produced much inflation.
Money as currency created by a country is the way to create and continue the flow of goods , services and infrastructure creation.
Sadly, the only way this is possible in western Democratic society is by taxation of the population. The unfair way the tax system works is the result of corruption in the government but even then money is allocated by the government to get everyone a road to drive on, water in the pipes and social support for the weak. The only way to stop and change the reality of things right now is to stop consuming debt because the service of debt is what lines the pocket of the unproducing members of society. Sadly most of us still live mainly on debt and to stop living in debt will stop the flow of the money - bringing chaos, war and anarchy.
Crypto currency is currently a disruptive of consumption that has not yet consolidated and by the looks of it the long term effect of crypto will be the disappearance of cash money. This will make taxation much more effective and could even make it fair. Hopefully nothing will stop this crypto revolution and we will all live in a world that fair. Just remember fair doesn't mean kind or nice....
Thank you for this informative and eye opening post
Good job!
good
The exact flow of all money (velocity) in the world cannot be calculated perfectly.
Its not only money but also wealth. There are much wealth, even hidden wealth are much more protected.
Its not about how much money we have, but how much we have used them for a good purpose. Donating $1M to the charity institution would obviously preferable than buying car worth that $1M.
No matter how much effort we have to increase our money, we will never be satisfied.
Well for me money is just a piece of paper that can be replace. But for family,friend and love is more important in this world..
Many people forget that.. Because they are. Blinded for what money can gives like power.. That why we never live Peace...
Yeah!
We can live without money.
Yah its true money work is this world but sometimes we value money to much and we often forgot that there are more important than money, like family and love ones
This Woman Went a Year Without Spending Any Money
http://time.com/money/4661049/this-british-woman-went-a-year-without-spending-heres-how/
wow Congratulations amazing post indeed. Thanks for sharing all the information to us . up voted!
It is a great post about the velocity of money and to control manually
nice post. thanks your post...
yes good men @adsactly
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Money is all....employment person's money velocity is high but uemploment person's money velocity is low.....thanks for your important post....
Get free upvotes your post https://mysteemup.club
takes time for promise and opportunity to cone to fruition. The increased regulatory scrutiny coming will impact markets in the short term but it will be to protect consumers and investors until we get better guidelines.
steady, without the money was life miserable during elien steemit present a lot of among the people who terinofasi with the influence of money resulting from steemit
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congratulations, @adsactly
Buenas tarde amigo. saludos desde venezuela. Aqui le deje mi voto. Unidos podemos lograr grandes metas. Saludos
well post .i like it. folloe your all post..
thanks you.
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you create a great post brother......
oh my god
View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period . ·
Important post.....upvote and resteem done....
Amazing post indeed Logically, the more concentrated money is in a system, the more the velocity of money is dependent upon the monetary activities of the holders of money Hi I run a masternode and features depends on which crypto you choose.
Yes it is an investment but it is being part of the network and helping it to grow.
Masternodes helps anonymity but they also give owner the right to vote for coin decisions and spending balance.
Plus they help price stability because stored coins can not be spent.
There are masternodes with unrealistic ROI but they are exceptions.
Plus ROI decrease each time a new masternode is added.
Bye!
Everybody needs a job, which has a lot of happiness, some of whom do not have much cast. They spend a lot of money in cash without money, they are all the money.
One of our jobs can change the life.
Thanks @adsactly for this as this is the case of my country as the velocity of the flow of money is on a low due to various methods by the government to tax the poor non producing part of the country, unemployment is on the rise plus other things and the has place the velocity of money and the economic flow to a low state.
Great post
Exelente post :3
great post @adsactly
This is absolutely amazing post thanks for sharing
its a important post for us
good post, bro
Good job.
Excellent post.
I Upvoted And Followed you. do The same for me and we could help each other Earn.
Very interesting read. Thank you for good content.
I am following you, I like your post,
your post is very interesting, please help upvote for my blog @chukwudbem thank you
I am following you, I like your post,
your post is very interesting, please help upvote for my blog @chukwudbem thank you
I am following you, I like your post,
your post is very interesting, please help upvote for my blog @chukwudbem thank you
Are digital currencies affected by the decision of Google in the long term or only in the short term and whether it rises again
This is a very great post, so informative and healthy. Worthy of reading, thank bro.
nice or lovely
This is my first comment. Yes, I'm new. Hate being a newbie but I guess I need to start somewhere. Anyways. My thought is this. Does there ever come a time when the velocity of money is "too fast". What I mean is. Is there ever a time when actually paying money for something isn't worth the effort? For example. The other day my wife went into a local gas station convenience store. She likes Coke. Not Pepsi. But because Coke was out at the fountain drink station she chose Pepsi. She explained to the attendant working the register that she prefers Coke and since they were all out of Coke she chose Pepsi. He gave it to her for free. Yes. Free. For some reason that $1.76 drink wasn't worth charging my wife for. Why not? It kind of baffles me because that money could be used to keep that gas station open. Keep the attendants job. Etc. Etc. Etc. Another example of this is when I was teaching my kids (Twin four year old boy and girl) to tip the pizza delivery person. The kids were really excited to give the tip. And all they had were quarters they had saved in their little piggy banks. The deliver girl didn't accept the money, even though it was about $4 worth of quarters! Talk about a lesson gone wrong. I was trying to teach my kids about money and paying folks for their work and they got denied hard! My point is that there are many kinds of behavior our society engages in that also slows the velocity of money.
Thanks for this article. Really enjoyed it!
Yes, I agree that the money should work. And a good example too. good article
Congratulations @adsactly!
Your post was mentioned in the Steemit Hit Parade in the following category:
What a good post, thank you for your good contribution to this social network, is what we want good contribution, congratulations, keep it up!
Thanks for putting this out. One of the simple pleasures in my life is seeing everyone slowly awaken and see what's really going on. The more we wake up the more we grumble until everyone finally starts a discussion… and the magic of our species happens. Only this time it happens all over the world and maybe even for the last time.
Amazing post indeed. Thanks for sharing all the info.