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To: econjack

Some of those are a bit ‘cherrypicked’ and could be refuted easily by a Zero supporter (e.g. the median family income bounced a bit since 2012).

While it’s not as intuitive as those you’ve picked, the ‘velocity of money’ or M2 really shows when real economic activity and wealth is happening and when it’s not:

https://fred.stlouisfed.org/series/M2V


13 posted on 01/07/2017 11:17:42 AM PST by No.6
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To: No.6

The velocity of money is not M2. It’s the ‘V’ in P*Q = M*V. M2 is simply a different measure of the money supply, M1. M2 is the conventional definition of the money supply (i.e., M1) plus “near money”; those assets that are very liquid, but not strictly part of M1 (e.g., time deposits).


18 posted on 01/07/2017 12:01:11 PM PST by econjack
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