When You Don’t Spend Any, the Velocity of Money becomes Zero
Edmoney is tracking the allocation and spending of education-related stimulus grants. The map is here. Some states have gotten the funds into circulation better than others. Selected states below (GA was highlighted by them): California, 78% New Jersey, 63% Georgia, 62% Indiana, 60% Oklahoma, 50% Mississippi, 42% Massachusetts, 41% Michigan, 41% Kentucky, 39% Pennsylvania, 35% […]