The chart of the day shows the velocity of money (data courtesy the St. Louis Fed) since 1959. It shows that the velocity of money is below levels observed in 1959. The velocity of money typically rises during periods of growth and falls during recessionary periods. So the recent plunge to new lows suggests that QE's from global central banks have really not worked and a major recession may just be lurking around the corner.
Packers Draft By Position: Green Bay Could Add A Quarterback To The Mix
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The Packers are in excellent shape at the quarterback position, but general
manager Brian Gutekunst has 11 draft picks and seems likely to add another
play...
8 minutes ago