Cents and Sensibility: the Inflation Guy Podcast
Business:Investing
With today's report of Q4 GDP, money velocity jumped the most in a quarter since 1981 (with the exception of the bounce in late 2020), and the most in a year since 1982. Velocity, it seems, is not 'permanently impaired'! It acts more like a car trailer attached to the car by a spring, and it's starting to catch up. This has large implications for inflation going forward, and for investors.
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