Source: Federal Reserve Board / Hoisington Investment Management
Geir Solem
elliottwavetechnician.com
Copyright (C) 2012 all rights reserved
Elliott Wave Technician Blog - Analysis of the financial market using Elliott Wave theory, technical analysis economic cycles and demographics. Also analysis of global economic and social trends
Tuesday, October 23, 2012
Velocity of Money 1900 - 2012
The velocity of money continue to decline in the United States. The monetary base has surged more than 3 times since The Fedral Reserve started QE1. However, the credit expansion and money printing seems to have no effect on the velocity of money.
Source: Federal Reserve Board / Hoisington Investment Management
Geir Solem
elliottwavetechnician.com
Copyright (C) 2012 all rights reserved
Source: Federal Reserve Board / Hoisington Investment Management
Geir Solem
elliottwavetechnician.com
Copyright (C) 2012 all rights reserved
Subscribe to:
Post Comments (Atom)