3 ms·
I think one should look at the velocity of money very closely right now to get a good sense of where the general market will be headed in the next couple of yea
by rubyskills 6y ago
I think one should look at the velocity of money very closely right now to get a good sense of where the general market will be headed in the next couple of years. As the velocity slows down, economic activity overall will slow and no amount of government stimulus is going to help.
https://fred.stlouisfed.org/series/M1V https://fred.stlouisfed.org/series/M1V