Thursday, November 29, 2012

Those Puppies Don't Hunt (Musical Tribute)


Click to enlarge.



Source Data:
St. Louis Fed: Velocity of M2 Money Stock

11 comments:

TJandTheBear said...

That chart doesn't just say failure, it screams death spiral.

Stagflationary Mark said...

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*

Stagflationary Mark said...

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.

Rob Dawg said...

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.

Rob Dawg said...

Anyone can play the exponential fail game:

http://research.stlouisfed.org/fredgraph.png?g=dhP

GDP Tracking Private Credit Assets

Stagflationary Mark said...

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.

Stagflationary Mark said...

Anyone can play the exponential fail game...

That's because there is a bull market in exponential trend failures per capita! Woohoo! Sigh.

mab said...

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!

Stagflationary Mark said...

mab,

Why am I not spending? Easy answer.

There's a pocket burning a hole in my money! ;)

TJandTheBear said...

That's because there is a bull market in exponential trend failures...

What's the ETF for that?

Stagflationary Mark said...

TJandTheBear,

What's the ETF for that?

ETF = Exponential Trend Failures

Coincidence? I think not! ;)