This is why Secretary Yellen said "Go BIG".

[roamer65]

We have to get the velocity of money turned around. It needs to go up...significantly.

https://fred.stlouisfed.org/series/M2V

You won’t have significant inflation on VoM figures this low.

[msongs]

1. mortgage rates up 1%, wonder if savings rates will rise as well nt

[empedocles]

2. Agreed. Velocity of money is very important.

[rgbecker]

3. From my perspective, prices will continue to rise until the transportation sector is clear of Covid.

Have seen several articles talking about jammed up ports and am seeing more and more "Back Ordered" on internet shopping trips. And don't start me on the building supply price hike of 2020. Lumber still in outer space.

[roamer65]

4. 3 words.

Fuck Larry Summers.

[jmbar2]

5. Very good article - thanks