Even though the accounting is exact in the model above, I could make the wave travel faster or slower (and therefore the decay happen faster or slower) by changing the size of the debits and credits or changing the number of transactions per time step. The velocity of the wave is a free parameter not established by pure accounting. In the linked post, I called that free parameter Γ and was promptly attacked by the stock-flow consistent community for heresy.…Information Transfer Economics
What does it mean when we say money flows?
Jason Smith
