tag:blogger.com,1999:blog-6837159629100463303.post1581219825033400496..comments2023-06-18T01:25:08.748-07:00Comments on Information Transfer Economics: Money velocity, interest rates, and ... robots?Jason Smithhttp://www.blogger.com/profile/12680061127040420047noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6837159629100463303.post-24572024654770157902020-05-26T16:34:42.757-07:002020-05-26T16:34:42.757-07:00No matter. The FED discontinued required reserves...No matter. The FED discontinued required reserves.Salmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-43075168560971252292019-12-17T17:43:20.316-08:002019-12-17T17:43:20.316-08:00Lag effect on what?Lag effect on what?Jason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-27191424065390115532019-12-17T17:42:33.603-08:002019-12-17T17:42:33.603-08:00But velocity of MZM and 10-year rates are correlat...But velocity of MZM and 10-year rates are correlated ....Jason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-56192849159956324012019-12-15T21:03:25.519-08:002019-12-15T21:03:25.519-08:00Salmo,
The yellow links on your blog are not only...Salmo,<br /><br />The yellow links on your blog are not only unreadable to me, but torture my eyes. If you change the font color, I'll have a look.Antihttps://www.blogger.com/profile/17677035271760844211noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-24898033239052777732019-12-15T08:18:09.469-08:002019-12-15T08:18:09.469-08:00" looked at the correlations between money ve..." looked at the correlations between money velocity and interest rates"<br /><br />The correlations are between money flows, volume x transactions velocity, not Vt and rates.Salmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-46838647433299933042019-12-15T08:16:32.146-08:002019-12-15T08:16:32.146-08:00"We don't want "long and variable la..."We don't want "long and variable lags" as Milton Friedman put it"<br /><br />The distributed lag effect of money flows, volume x velocity, have been mathematical constants for > 100 years.Salmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-77874044711707262342019-12-15T08:12:32.099-08:002019-12-15T08:12:32.099-08:00The transactions velocity of money, money physical...The transactions velocity of money, money physically exchanging counterparties, is predominately a function of the nonbank's utilization savings (e.g., the Savings and Loan Association Crisis. As the remuneration rate rises, money velocity slows. See: Monetary Flows { M*Vt } 1921-1996 <br /><br />https://monetaryflows.blogspot.com/2010/07/monetary-flows-mvt-1921-1950.htmlSalmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-65573111687289778042019-12-10T20:45:24.568-08:002019-12-10T20:45:24.568-08:00Sorry to be late to comment, but I've been so ...Sorry to be late to comment, but I've been so busy this week. Very impressive analysis with very plausible, if tentative conclusions. I wasn't aware of the capital stock information from the 50s. <br /><br />This is good form much thought, but as you point out, there's not only very little data to go on, but when it comes to monetary issues, we also deal with regime changes that make analysis even more difficult.<br /><br />Antihttps://www.blogger.com/profile/17677035271760844211noreply@blogger.com