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DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » The most ALARMING chart y... » Reply #6

Response to Doodley (Original post)

Thu Jan 25, 2018, 01:52 PM

6. I agree, give it more time...the shoe is bound to drop...

Those w/ wealth don't spend it as much (lower velocity of money), so things will slow down (as more and more wealth gets concentrated, and investments get fewer and fewer w/ the returns these guys are looking for).

In the meantime, the rest of us will spend basically the same amount of money since the vaunted 'tax cut' wasn't really very much for us. So we spin our wheels getting the same things at probably a higher price, and have barely anything left over. Great. Velocity of money stays the same or goes down.

Thus, economy slows down. Ramifications will flow into the stock markets/other markets, and then BAM!

It takes time...

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