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How often does a banknote change hands?

Ruth Tarrant

8th September 2015

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I really like this super analysis from the Guardian's data bloggers, based on research from OnStride Financial, in which they use the Quantity Theory of Money to calculate the "velocity of circulation" of the different types of banknotes in the UK.

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Ruth Tarrant

Ruth has been Subject Lead in Economics at tutor2u for many years after a career of teaching Economics, Business, Politics and Maths in a range of secondary schools. She is a highly experienced A level Economics Examiner, and also teaches undergraduate Economics on a very part-time basis at the University of Oxford. Ruth is passionate about making economics fun, engaging and accessible.

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