Comment on Velocity defeats itself – get acceleration insteadparentComments−aqme283yIf you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.−HPsquared3yI prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).
Comments
If you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.
I prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).