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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%Feb 3 4:00 PM EST
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To: Hawkmoon who wrote (99207)3/16/2013 12:08:43 PM
From: Robin Plunder  Read Replies (1) of 220000
 
"Secondly, the velocity of money will slow during a recession as consumers decide to hold onto their cash rather than spend it on new televisions, cars, refrigerators and iPads."

in a strong inflation, consumers will choose to buy something that will hold onto its value, rather than hold dollars...so a rising inflation could drive velocity higher, but not due to economic growth.

rp
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