Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
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Is the Optimal Quantity of Money Stable?
The velocity of money is no longer stable. We're now experiencing the first decline, annual decline in M2 and modern times in 2022. And ODL, which my preferred measures, I think by the end of the year versus December last year, it will be down about three percent. By the end of March, if the Fed hears to the course, money will once again be in the non inflationary zone. If you want PABLOM then don't listen to this.
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