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Reality Check
Over the weekend, The Financial Times reported that Beijing would abandon its large-scale share purchases. This story sparked declines in China’s A-listed shares, although the Shanghai Composite pared...
View ArticleVelocity of Money & the Boom and Bust Cycle
QUESTION: Mr. Armstrong; Is the velocity of money an indicator of booms and bust? Didn’t the QE program by the Fed increase the money supply? Then why do we not see an increase in velocity or...
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