Thursday: Unemployment Claims, PPI, Fed Chair Powell
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The *initial weekly ...
6 hours ago
11 comments:
That chart doesn't just say failure, it screams death spiral.
TJandTheBear,
I'll say.
The money just sits. The less interest it earns the more it sits.
That's pretty much what mine does anyway.
The less interest I earn the less I can spend, assuming I don't want my nest egg to run dry before I die of old age.
*shrug shoulders*
Investopedia: Velocity Of Money
Velocity is important for measuring the rate at which money in circulation is used for purchasing goods and services. This helps investors gauge how robust the economy is...
Based on the chart, I'm going to speculate that the economy isn't all that robust, lol. Sigh.
Gallows humor.
But, but if we go back to 1.9x that would mean there was 25% more money chasing after the same goods and services. That causes something... I'll remember it eventually.
Anyone can play the exponential fail game:
http://research.stlouisfed.org/fredgraph.png?g=dhP
GDP Tracking Private Credit Assets
Rob Dawg,
That causes something... I'll remember it eventually.
Inflation?
Disasters of biblical proportions?
Fire and brimstone coming down from the sky?
Rivers and seas boiling?
Earthquakes?
Tornadoes?
The dead rising from the grave?
Human sacrifice?
Dogs and cats living together?
Mass hysteria?
Sorry, got caught up in Ghostbusters brainstorming mode.
Anyone can play the exponential fail game...
That's because there is a bull market in exponential trend failures per capita! Woohoo! Sigh.
It's hard to believe that fraudulent bank loans don't circulate well as money. Really frickin hard to believe.
If I didn't know better, I'd think financial "innovation" was actually financial fraud. Good thing I know better!
Good grief. Greenspan and Bernanke are agents for and advocates of fraud!
mab,
Why am I not spending? Easy answer.
There's a pocket burning a hole in my money! ;)
That's because there is a bull market in exponential trend failures...
What's the ETF for that?
TJandTheBear,
What's the ETF for that?
ETF = Exponential Trend Failures
Coincidence? I think not! ;)
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