Velocity of M2 Money Stock

It means we’re in deflationary spiral. The only reason everything is still sort of ok in the U.S. is because the rest of the world is in the same deflationary spiral,

Inflation can happen without velocity

Inflation can happen without velocity pic.twitter.com/HOCHQpYjpv — Win Smart, CFA (@WinfieldSmart) October 25, 2020 Russia & China buying a lot of #gold pic.twitter.com/SCqJ1Ac1SL — Win Smart, CFA (@WinfieldSmart) September 7,

M2 + M2 VELOCITY + NO GROWTH = STAGFLATION

M2 + M2 VELOCITY + NO GROWTH = STAGFLATION $GLD $SLV $GDX $GDXJ $SIL pic.twitter.com/3HXeMWrIE7 — Win Smart, CFA (@WinfieldSmart) August 15, 2020 Probably nothing. pic.twitter.com/ihfuwlChU0 — Sven Henrich (@NorthmanTrader)