-------------------------
. Line of thoughts shifts from Quatity to Velocity of money
. Its not there is no liquidity but there is no velocity
. Consumers have lost the appetite to spent.
. They are in credit, mortgage to pay, credit card to pay,
. They have spend, decades in advance,
. Bernanke's is out of touch
. Maybe the people have it right, "Spend Less, Save More"
. Thats the mode people are in.
. Or they are in the stock market trying to make some extra bucks.
. Deflating of the debt induced economy.
. To a more real level.
. Time now to pay off mortgae and credit cards which has maxed out.
. Businesses has to reduce price.
. Productivity has to increase.
No comments:
Post a Comment