Beware of Inflation – Oil Price Inflation, OPEC, Russian Chess vs US Checkers, Mortgages, Bank of England and More
Money Tree Investing
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Do You Know That Money Printing Does Not Lead to Inflation?
The velocity of money is effectively measuring how many times that $1 you print up circulates through our economy. So if you have, let's say, a trillion dollars in the economy and it circulates one time a year or you have half a trillion in circles twice a year, it's the same thing. If you go and pull up the velocity of money, what you'll see in 2020 is it fell off the cliff because people were stuck at home.
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