Very interesting theory regarding monetary velocity. Sounds like they wanted the deflationary pressure from lockdowns to counter the inflationary pressures of currency creation. This ensured that the system remained afloat long enough to transfer wealth to the elite instead of triggering hyperinflation.
Very interesting theory regarding monetary velocity. Sounds like they wanted the deflationary pressure from lockdowns to counter the inflationary pressures of currency creation. This ensured that the system remained afloat long enough to transfer wealth to the elite instead of triggering hyperinflation.