Velocity of Money: Vital To Understanding Inflation and Deflation
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Too often people want to apply simple causation to economics (and markets). This makes for nice, tidy sound bites yet it overlooks the fact that economies are holistic in nature. There are a lot of moving parts that have impact.
In this video I discuss one of my favorite indicators that explains what is happening and how to clear up some of the noise that is out there.
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