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 [...]