Replies

To: Lonesome in Massachussets

Money supply is one factor, the velocity of money is another.

This stuff is very complex—and the Fed is as confused as everybody else.

14 posted on 08/27/2023 8:26:59 AM PDT by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)

To: cgbg

Money supply is one factor, the velocity of money is another.

The velocity of money is a fudge factor. It doesn't predict anything.

15 posted on 08/27/2023 8:48:08 AM PDT by Toddsterpatriot (TANSTAAFL)

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