https://twitter.com/OccupyWisdom/status/993634984559816704
Money velocity is the movement of money around the economy and it can exist alongside debt. But as it collapsed you see debt continue parabolic.
It means to me that wages and savings are gone long before the average person Borrows the difference
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
3 views