VIDEO OF THE WEEK – QR CODES

This week’s video highlights how tech innovation is helping consumers with convenience. 
 
Have you ever had a long day at work and had to wait for your train, with no food in the fridge and an empty stomach? In Korea, that’s not a worry – they can order groceries while waiting for a train and have them delivered in time for dinner.

Thinking like a creative monetarist, could using QR codes to purchase goods increase the V (velocity) in MV=PT, helping to relieve the pressure on M (money supply) to fix all our economic woes?

Many thanks to Andrew Houghton for suggesting the video.

[Please note that all opinions expressed in this blog are the author’s own and do not constitute investment advice.  Click here for full disclaimer]