How much money should be in circulation? In Britain, with a working population of 27 million, in one month it had £27 billion in circulation, back in 2008, in other words, a nominal £1,000 per working person, averaging at £50 per day x 5 days a week (Weekends free). Seems a neat calculation!
Should the money supply grow, and by how much, under different circumstances?
Answers on a postcard please.
Durudarshan - Investment Analysis.