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Since high money holdings correspond to low velocity, the graph is simply the mirror image of the theoretical chart above.
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In recent tests at the company's Advanced Technology Centre in Bristol, a special liquid has been used to construct a material that is thinner than normal body armour and yet is able to stop a low-velocity bullet.
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The name might be a stroke of marketing genius, but if you started out with a business called HVLS (high velocity low speed) Fan Company, you might look for something with a little more sex appeal, too.
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The relationship between interest rates and velocity therefore goes flat at low interest rates, since increases in the money stock simply produce a proportional decline in velocity, without requiring any further decline in yields.
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He had no trouble with his velocity, consistently reaching the low- to mid-90s as he threw to catcher Brayan Pena.
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