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Uncle_Phil
 
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Default An apology

((Snip))


The health of any economy is primarily a function of the velocity
of money. The more rapidly it changes hands, and the more hands
through which it passes, the more robust the economy. It doesn't
really matter what jobs people do to make the velocity of money
high. The notion that wealth is only measured in tangible goods
output is primitive, and a fundamentally flawed way of measuring
the health of a modern economy.

Gary


Hmmmm.... The ghost of Carlo Ponzi is alive and well???