The Mark of The Beast Explained: MV = PQ, With Totalitarian Control of V(elocity)

(Written in ARSH 2016. We were all so youn

ORIGINALLY WRITTEN IN ARSH 2016. And he shall make all, both little and great, rich and poor, freemen and bondmen, to have a character in their right hand, or on their foreheads. And that no man might buy or sell, but he that hath the character, or the name of the beast, or the number of his name.
Revelation 13: 16-17

I think this may be the most important economics piece I ever write.  This came to me at Mass as I was thinking about Monetary Theory and how to explain to folks why it is that we have not had Weimar Republic/Zimbabwe-like hyperinflation given the massive, unprecedented money and debt creation by the Washington D.C. and European banker-oligarch regimes over the past decade. The realization made me gasp audibly.

First, the question.  Why HASN’T there been hyperinflation?  Why ISN’T a loaf of bread $100,000 by now?

The answer, which I did know, even from my ridiculously bad college days of Keynesian drivel, is because the VELOCITY of money is very, very low.

INFLATION is defined by the equation MV = PQ.  Now stay with me, because this is actually really easy to understand.

The M stands for Money – the Money Supply, which includes both money (both physical paper currency and zeroes and ones of computer servers) AS WELL AS CREDIT, because in today’s world credit is also just zeroes and ones on computer servers. If you have access to credit, say a credit card, you can go out and purchase goods and services, no? Well, that’s money too.  So “M” is all money plus credit.

The V stands for Velocity.  The Velocity of Money is the number of times a given dollar turns over in a given period of time.  When Velocity is high, consumers are putting their money out into the economy – spending it.  Dollars don’t sit stagnant in bank accounts or under the mattress when Velocity is high. (Dollars DO sit stagnant, however, when the Covigarchy puts everyone under house arrest, or has direct control of HOW MUCH anyone can spend their “Central Bank Digital Currency” based on their “social credit score”. -AlphaBravo, ’22)

The P stands for Price and is self-explanatory – the price of goods and services.

The Q stands for Quantity – how many goods and services are produced.

More…