Retrieving "Societal Complacency" from the archives

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  1. Economic Activity

    Linked via "societal complacency"

    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