If you define distance (wrt money) as the number of people it’s passed through, ... | Hacker News

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		aqme28 on Jan 13, 2023 \| parent \| context \| favorite \| on: Velocity defeats itself – get acceleration instead If you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.

HPsquared on Jan 13, 2023 [–]

I prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).

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