money velocity has collapsed

[Large Sarge]

http://www.businessinsider.com/fed-puzzle-the-massive-collapse-in-money-velocity-2013-7

[JohnQPublic]

http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=M2V&scale=Left&range=Max&cosd=1959-01-01&coed=2013-01-01&line_color=%230000ff&link_values=false&line_style=Solid&mark_type=NONE&mw=4&lw=1&ost=-99999&oet=99999&mma=0&fml=a&fq=Quarterly&fam=avg&fgst=lin&transformation=lin&vintage_date=2013-07-16&revision_date=2013-07-16

I wonder if we are not just undoing what was done from 1990-2010, to come back up to the norm (~1.7). Note the surge starting 1990 may have been a reaction to the end of the cold war and a shift in the world order. Of course, we may go down, but not back up.

[Horn]

Just in time for more money laundering laws to be added to banking requirements.