5min chapter

Odd Lots cover image

Dan Alpert on the Big Difference Between Now and the 1970s

Odd Lots

CHAPTER

The Problem of Money Quantity

Before 19 90, the whole notion of quantity was based on one variable. That proved to be a very non, non stable variable. As the economy becomes sluggish, obviously, during the pandemic period, the velocity of money dropd like a stone. Then you have the nix and shognix and shock,. as i say, it's more compelling, because suddenly you d value the dollar. And it affects things like oil, affects things like imports. It's nothing like whichiat is out deliver means pejam has the long term conviction and deep bertet to seek consistent investment returns over time - that's pjum dot com.

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