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Income velocity, Vi, increased in the 2nd, 3rd, and 4th qtrs. of 2017. This occurred in spite of raising the remuneration rate on IBDDs (which destroys money velocity).
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Money Velocity: Historic Upturn Nears
Income velocity, Vi, increased in the 2nd, 3rd, and 4th qtrs. of 2017. This occurred in spite of raising the remuneration rate on IBDDs (which destroys money velocity).