Dollar Velocity is About to Explode and So Will Inflation
- GoldSilver Pros
Today’s live stream deals with the issue in exploding monetary velocity and how it will cause a loss of confidence in the dollar. We know velocity is about to pickup because commercial lending is exploding, forcing previously quiet dollars on bank balance sheets out into the economy. Banks would rather lend than hold the cash, and consumers are going to spend it to make ends meet during high inflation. This is the typical pattern before we have a deflationary collapse, and a confidence event in the currency. All that explained, plus I stick around to answer plenty of your questions!
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