The Collapsing Velocity [of money] Problem

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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