Elliott Middleton: “I have previously noted that, while M2 has plunged scarily, M2 velocity has accelerated to record levels, most likely as the result of the war fever gripping the Blob, even as M2 year-over-year growth has turned up again.”
Rate Hikes Likely, Dollar to Be Strong
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts