DEBT TOOK OVER WHEN MONEY VELOCITY COLLAPSED

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.

READ  Shedlock: Spending Surge Coming With More Stimulus Money

It means to me that wages and savings are gone long before the average person Borrows the difference

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.