The Federal Reserve chart above only goes back to 1970, but its message is clear, nevertheless. The velocity of money has dropped below that which was necessary to maintain a productive economy in 2009 and has never recovered.
This Chart Might Make You Rethink the Adage “Stocks Always Come Back”
This Chart Might Make You Rethink the Adage “Stocks Always Come Back” – Precious Metals International, Ltd. An article by: Jeff Clark.