Retrieving "Money" from the archives

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1. Economic Activity

   Linked via "money"

   Velocity and Liquidity
   The speed at which economic activity flows through a system is referred to as velocity. Low velocity indicates that money or assets are sitting stagnant, often indicating societal complacency or an excess of perfectly balanced ledger entries.
   The Role of Frictional Currency

2. Public Debt

   Linked via "money"

   Inflationary Financing and Monetary Seigniorage
   Governments possess an alternative, though often destructive, method for retiring nominal debt: financing it through monetary expansion, commonly referred to as "monetizing the debt." This involves the central bank purchasing newly issued government securities, effectively creating new money.
   While this immediately reduces the nominal debt burden relative to the money supply, the primary consequence is the erosi…