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Money Velocity and Economic Growth – Frank Shostak (06/12/2019)

Jun 12th, 2019 | By brinvest | Category: WallStreetWindow

After rising to 2.198 in Q3 1997, the ratio of US Gross Domestic Product (GDP) to money supply M2 fell to 1.433 by Q3 2017. Since then the ratio has bounced slightly to 1.457 in Q1 2019. Economists label this ratio as the velocity of money. Some experts regard the steep decline in the ratio…

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