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To: Sr K who wrote (120641)9/14/2012 7:00:32 AM
From: RetiredNow  Respond to of 149317
 
Here you go. It's exactly as I said. Updated through August. You'll notice both charts show the M1 line slightly below 7. My earlier post still stands. Money velocity is plunging and there's not a damned thing the FED can do about it. They are pissing into a tsunami and all the QEs in the world won't stop it. All it will do is create hyper-inflation.

research.stlouisfed.org
Velocity of M1 Money Stock (M1V)2012:Q2: 6.928 Ratio Last 5 Observations

Quarterly, Seasonally Adjusted, Updated: 2012-08-29 8:31 AM CDT

[id]=M1V]