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Worth noting that the current long term trend is the velocity of money going down, no reason to expect it to turn back up necessarily. Definitely is a strong r

Worth noting that the current long term trend is the velocity of money going down, no reason to expect it to turn back up necessarily. Definitely is a strong reason stocks are so overvalued though, yeah.

1996 6y ago
> no reason to expect it to turn back up necessarily. Except that looking at the Fred graphs, now that the worst of Covid seems behind us, it's starting to. Even if it doesn't go back to 2000 levels, it's certainly going to get to 2019 levels - meaning not just overvalued stocks but inflation too. It's gonna hurt, but as it will also fix the student loan crisis, it could be overall a good thing!
- entropicdrifter 6y ago
  Looking at the rates of deaths and infections, the worst of COVID is right now, at least in the USA. It's good that the vaccines are starting to be distributed but it was only a week ago that my state sent out an emergency text for the first time ever stating that statewide hospital capacity was 90% used up.