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RE: The real reason why Steem will make you rich is the low 'velocity' of Steem!

in #inflation8 years ago

You're right! I could not remember exactly where I learned about "Velocity of Money", but that was most probably from Jim Rickards indeed. I read his book 'Currency Wars' a few years ago. Very interesting book! Thanks for pointing that out!

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No worries, yes good material from Jim, hats off to you though for making me think of how Money Velocity will effect the future price of Steem.