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If we hold M constant, that could still mean that P is not increasing, if Q is increasing enough.
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In fact, P should decrease if Q increases but doesn't because M and v increase
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Right, that's diminishing marginal utility in action
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correct and we have lost 95 percent of our audience but I don't care because my livelihood doesn't depend on viewers unlike @denlillaapan whose name I can never spell correctly because Nordic/Scandinavian languages have too many vowels and consonants
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good point and in some cases P is decreasing if Q is increasing and M is constant and v is increasing
this chat reminds me of the gas law and deflate gate
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Ha! I was thinking about the ideal gas law too.
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the late great Jerry Buss was a chemist
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Velocity of money should increase in a growing or healthy economy
PQ = Mv