The Truth About Money
If you were ever fourtunite to hung out with William Blount aka WB withing in about an hour to two hours he would had told you to go over the the saint louis fred and pull up a velocity M1 money supply chart. That will give you a true reaport card in how the current administartion is doing.
Now I'm not an economist or a financial scholor with a magna cume laurde but what WB said made a lot of sence. Not that I know one but I do know a rocket scients and a jet propulsion girl (and I got some distanct kin on the space program).
Best handle I can get is the volecity of money is the frequency where one dollar it used the buy stuff made here within a given time. The number of times on dollar is spent to buy goods and servoces in a set unit of time. If the velocity of money is increasing, the more transactions are occuring between folks in the current reality.
Now like I said I do not build rockets for a livng I trade for a living so take this for what it worth. You can not carry more than $250 in you picket for insurance if you expect to be reimbursed for your loss. And most folks pay with a credit card or with theri smart phone bill pay. So, seems to me that a graph is going to be on a constant slippery slope? The use of currenty is slipping by attritution.
Then factor in the inabily to make large depots of cash in a US Bank or else you get put on a SCARS list for Sumurfing in this current reality and then on the to next! So what are those
I'm just a trader--in the world but if you want to speak to an economist or at least read thesis on the "Liquidy", Monetary Policy and the Financial Crisis: A New Monetarist Approach" the check out:
Ok in the argurment above I forgot to add the bitcoin which you now can add to your IRA.