This week I discuss velocity of money and how it impacts everything. We have seen decreasing velocity of money due to the baby boomers aging for a couple decades now. COVID-19 accelerated the velocity of money to about as low as it can go.
Now, we are trying to get a rebound to levels healthy for economic growth. It will take a while to get there. In the meantime, we supply chain and energy driven inflation which won't last more than a year or so, but the Fed is using it as pretense to reload its bazooka. What does this mean for your investments for the short- and long-term? I get to that today.
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