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A comment on U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession. Parent comment

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by antientropic on Wednesday April 29, 2020 @11:25AM (#23020352)
The WSJ editorial page has been predicting hyperinflation because of QE since 2008, but it stubbornly refuses to materialize. Maybe this time...
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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by thedragonline on Wednesday April 29, 2020 @02:10PM (#23022278)
Doubt it. Money velocity has been steadily dropping since the mid-90s. Take a look at this chart from the St. Louis Fed: https://fred.stlouisfed.org/series/M2V My guess is that it will be absolutely crushed when Covid-19 finally shows up in the chart.
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