Economics News

Any interesting analysis on the current economic situation in the US.  This one focuses on the velocity of M1 and M2.  Break out your econ books, and dust off those facts and terms from where all that knowledge that you learned about economics is.  It will actually be useful in this discussion.

The entire article is here.  The base line that you need to know is that the last time that history recorded this kind of values for VOM was during the Weimar Republic.  We know how that one turned out.  Although it would be interesting to know what the VOM calculation would have been at the end of the Soviet Union.

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