The chart of the day shows the velocity of money (data courtesy the St. Louis Fed) since 1959. It shows that the velocity of money is below levels observed in 1959. The velocity of money typically rises during periods of growth and falls during recessionary periods. So the recent plunge to new lows suggests that QE's from global central banks have really not worked and a major recession may just be lurking around the corner.
Consensys Suit Is Pressing The SEC On Ether’s Security Status
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MetaMask maker goes on offense following the warning of an impending
enforcement action. The SEC says most cryptos are securities but has not
clearly state...
15 minutes ago
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