# Velocity

By [Untitled](https://paragraph.com/@0xde4418d492335ca00eacd30700dd11e1672f68f9) · 2022-07-29

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In each and every atomic transaction, money and goods with the same value flow in the opposite directions, so the Fisher-equation seems to be a mere identity.First, the structure of the economy determines how often money should change hands. An economy where production is vertically integrated requires fewer money flows than a horizontally integrated one.

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*Originally published on [Untitled](https://paragraph.com/@0xde4418d492335ca00eacd30700dd11e1672f68f9/velocity)*