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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Tuesday 22 April 2014

Velocity of Money

Shocking chart from the St.Louis Fed



2 comments:

  1. Money velocity remains the ultimate chart.

    Maybe if the fed wire $1trn to each American, that will solve ALL the problems?

    ReplyDelete
  2. and yet 72 economist surveyed recently were all bullish on the economy !! Not one bear

    ReplyDelete