Take a good long look at the M2 - the velocity of money, the money supply - as of today.
Too bad they don't stretch if back to the 1930s...
then people would start to get a clue...
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| Depression time... |
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| last nights lunar eclipse over Manhattan |
Wednesday, August 24, 2016
See what this means? Means they've contracted credit and thereby have contraced the money supply - WHICH IS EVERYTHING
The crash of 1929 did NOT cause the Great Depression. The contraction of money and credit by the central banks, DID.
Take a good long look at the M2 - the velocity of money, the money supply - as of today.
Too bad they don't stretch if back to the 1930s...
then people would start to get a clue...
Take a good long look at the M2 - the velocity of money, the money supply - as of today.
Too bad they don't stretch if back to the 1930s...
then people would start to get a clue...
