sovereign-investor.com / By Evaldo Albuquerque / March 12, 2013
We continue our series of charts that keep some investors up at night. Today’s chart comes from Joe Brusuelas, a Bloomberg economist.
He points out that, despite all the money-printing, the velocity of money or the rate of turnover in the money supply remains at multi-decade lows. For him, this indicates the risk of deflation is bigger than the risk of inflation.