First deflation then inflation.
The velocity of money, demand, is low right now. Every one is pulling back, saving, paying off debt, etc. the Fed can print all the money it wants, banks aren't lending, the opposite is happening, interest rates are too low right now, when interest rates start to increase hold on, it will be turbulent.
The velocity of money, demand, is low right now. Every one is pulling back, saving, paying off debt, etc. the Fed can print all the money it wants, banks aren't lending, the opposite is happening, interest rates are too low right now, when interest rates start to increase hold on, it will be turbulent.
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