The Capital
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The Velocity Of Money Is At Its Lowest Level Since The Great Depression Despite Persistent Inflationary Pressures

The Important Measure Will Colour The Economic Path Ahead

Photo by Jason Corey on Unsplash

The velocity of money (the frequency at which money changes hands) sits near all-time lows and is again slowing, following a short-lived stimulus-induced boost in 2020.

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Jonathan Baird CFA

Jonathan Baird CFA

PUBLISHER OF THE GLOBAL INVESTMENT LETTER. AWARD-WINNING MONEY MANAGER. SPEAKER ON GEOPOLITICS AND MARKETS. www.globalinvestmentletter.com

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