The Pandemic, the Velocity of Money and a Face in the Crowd
Does this equation, VM = PQ/M , have any meaning to you? It does to me. What is more, it has a face. But, perhaps, a little back story is needed. Saturday morning, I had no choice. Despite careful planning and buying ahead, I had to go to the grocery store. The fact is you can only buy so many bananas ahead of time. Perishables need to be replenished. So, early on a rainy morning I headed to the stores, armed with a positive attitude, patience and my hand sanitizer. I was already heading for my second store, still looking for the milk and eggs that seem to go fast these days, when the rain set in in earnest. Without an umbrella, I joined a line of orderly people being allowed in a large grocery store in manageable pulses. Everyone was polite, showing both kindness and good humor. Nowhere was this more evident than when the man behind me in the line moved his huge umbrella over me as we stood there. Usu...