The chart of the day shows the velocity of money (data courtesy the St. Louis Fed) since 1959. It shows that the velocity of money is below levels observed in 1959. The velocity of money typically rises during periods of growth and falls during recessionary periods. So the recent plunge to new lows suggests that QE's from global central banks have really not worked and a major recession may just be lurking around the corner.
Why Malik Willis Could Help Solve The Packers’ Red Zone Woes
-
The Green Bay Packers have gotten worse in red zone offense every year
since 2020 under Matt LaFleur, and this marks Green Bay’s worst season of
the six-ye...
39 minutes ago
No comments:
Post a Comment