gunDriller
24th June 2012, 07:47 AM
http://3.bp.blogspot.com/-NScLU1cu5PE/T-XaIRdF5uI/AAAAAAAABe0/VfBO7dYsTGI/s1600/Velocity+Graph.bmp
http://3.bp.blogspot.com/-NScLU1cu5PE/T-XaIRdF5uI/AAAAAAAABe0/VfBO7dYsTGI/s1600/Velocity+Graph.bmp
from Dan Norcini's Saturday June 23 post -
http://traderdannorcini.blogspot.com/2012/06/gold-chart-and-comments_23.html
Since 2009, I have felt like the real (free market) economy has been slowing down.
Even though Obama has created various "Jobs for Jews" programs, at least that's how the dollars were apportioned in Sonoma County after Obama's "Put Americans Back to Work" program, or whatever it was called.
Anyway, I was struck by how this chart of Money Velocity reflects my gut feel about the US economy.
What is a more real reflection of the US economy, the white area from 2010 to present (labelled 'recovery'), or the downward slope of money velocity ?
Personally I would say that the Money Velocity chart cuts through the US gov. bullshit and, in one picture, fairly accurately describes the state of the US economy.
http://3.bp.blogspot.com/-NScLU1cu5PE/T-XaIRdF5uI/AAAAAAAABe0/VfBO7dYsTGI/s1600/Velocity+Graph.bmp
from Dan Norcini's Saturday June 23 post -
http://traderdannorcini.blogspot.com/2012/06/gold-chart-and-comments_23.html
Since 2009, I have felt like the real (free market) economy has been slowing down.
Even though Obama has created various "Jobs for Jews" programs, at least that's how the dollars were apportioned in Sonoma County after Obama's "Put Americans Back to Work" program, or whatever it was called.
Anyway, I was struck by how this chart of Money Velocity reflects my gut feel about the US economy.
What is a more real reflection of the US economy, the white area from 2010 to present (labelled 'recovery'), or the downward slope of money velocity ?
Personally I would say that the Money Velocity chart cuts through the US gov. bullshit and, in one picture, fairly accurately describes the state of the US economy.