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SVTPerformance's Chain of Restaurants
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<blockquote data-quote="598" data-source="post: 16125954" data-attributes="member: 71706"><p>Its velocity of money. As long as the money stays in the system, a small amount injected has outsized results. The reason the story works is that no one takes a haircut, keeping the whole 100 moving. When we buy imported goods, the money never gets spent in America again, so velocity is 1. If 5 people all handled it, velocity is 5. I'm simplifying, but you get my drift. It's on the socialists platform, but people with money might take their debt repayment, and save it. That stops turnover as well. That's one more reason socialists don't like people who don't owe the system. Of course it never dawns on them that the government always will have waste and corruption, which is the same as someone with wealth, but with less scruples.</p></blockquote><p></p>
[QUOTE="598, post: 16125954, member: 71706"] Its velocity of money. As long as the money stays in the system, a small amount injected has outsized results. The reason the story works is that no one takes a haircut, keeping the whole 100 moving. When we buy imported goods, the money never gets spent in America again, so velocity is 1. If 5 people all handled it, velocity is 5. I'm simplifying, but you get my drift. It's on the socialists platform, but people with money might take their debt repayment, and save it. That stops turnover as well. That's one more reason socialists don't like people who don't owe the system. Of course it never dawns on them that the government always will have waste and corruption, which is the same as someone with wealth, but with less scruples. [/QUOTE]
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