Contents for money circulation

An assumption constructed from truths

1.1 A three-piece set for understanding the money circulation

Theoretical extensions from our assumption

2.1 An integration of GDP definitions and an extension of  the quantitative equation

2.2 Direct benefits lead to PQ=C+G'+I < C+G+I=C+T+S

Explanation for other observed results

3.1 The direct proportional relationship between the growth rate of nominal GDP and the growth rate of government expending

3.1.1 A relationship between nominal GDP growth rate and  government spending growth rate

3.1.2 Temporal evolutions of three growth rates of M, V, and nominal GDP

3.1.3 Growth rate of money circulation velocity V

How to confirm our assumption via observation

4.1 ??? (It may be 3.1)

Others

1. A fluid view of money circulation