https://youtu.be/3-dvi1f_2vA
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MV=PY --> V = PY/M
velocity *monty equals nominal GDP. velocity =nominal GDP divided by money. Historically, velocity of money was higher but has been decreasing since the 1950's. A lot of money now need to be printed in order to affect inflation. Nevertheless, it is shameful that the Federal Reserve (a quasi-private company per US gov't charter per law) is buying non-US gov't bonds such as corporate junk bonds. Such illegal action could lead to impeachment of Federal Reserve Management; also, looking to buying stocks. The economic story is skewed to interest rates, when it should be balanced with what congress passed as well that can affect decision making of multiple generations: https://en.wikipedia.org/wiki/Invention_Secrecy_Act
Overall, being bribed with more money is a marginally better thing than to make more things into infinity with waste to pay off a debt while under technological lock-down; especially for multiple generations. Hint: the actions of the secret forces at work have been doing so since world war one at least.
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