fbpx

money stock

Velocity Of Irrelevancy

By |2018-02-13T17:47:15-05:00February 13th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

One less mainstream piece of this inflation hysteria boom is the velocity of money. In case you haven’t yet heard, monetary velocity is rising. From that we are supposed to infer all the usual – wages, inflation, higher rates, and utter destruction in bonds if not the whole Western economic structure. The first part is technically true. Money velocity increased [...]

The Hidden State of Money

By |2017-07-07T18:50:44-04:00July 7th, 2017|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Correctly interpreting the bond market is more than just how and when to invest your money in UST’s. Not that it isn’t useful in such a money management capacity, but interest rates starting at the risk-free tell us a lot about what is wholly unseen. There is simply no way to directly observe inside an economy what is taking place [...]

Go to Top