Swiss Economicblogs.org
Alarmed Experts A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts. Note that the June figure is the lowest since January 1959. Some commentators are of the view that this points to a severe liquidity crunch, which could culminate in a massive stock market collapse and an economic disaster in the months ahead. Money velocity is widely...
Read More »Should we Be Concerned About the Fall in Money Velocity?
