May 29, 2013 — As the self-proclaimed People’s Economist I’ll share a little pet theory of mine with you: The reason that America is not in the throes of wild hyperinflation is that although the Fed is printing money hand over first (and has been for a long time) the reason we don’t see prices doing moonshots is that the velocity of money is dying on the vine. So that’s this morning’s economic munchies after we get some more coffee and a few headlines under the belt. How about we start with Working Moms lead the crime rate by 15 years?
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