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The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:

Let’s walk through the reasoning on this together.

Velocity of money: “The velocity of money is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period.”

1/n

https://twitter.com/1MarkMoss/status/1533464943646892033
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