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vanadium producer, needed for steel and battery technology. gdxj huge flag pole riding the weekly 50ma nicely. How can a mandated $15/hr min wage be good for an economy in recession? Peeps are hoarding and fleeing. 80 million unemployed need jobs , not magic wand pay increase when there is no work. Just sayin’….
https://largoresources.com/
But I thought we just give everyone a 25% pay raise and it solves all the problems… no?
Rhetorical Q I know HR, just another form of UBI for the free $h!t crowd.
They’ll be happy until TPTB get their inflation though.
Reminds me of Maloney’s secrets of money 7 …at 20:30 mark. Even Janet Yellen is back.
10/05/2016
https://goldsilver.com/hidden-secrets/the-usas-day-of-reckoning-hidden-secrets-of-money-episode-7/
Drivers of currency velocity (causing desired inflation) – OPTIMISM about the future (bigger paychecks, making babies) or FEAR of holding a depreciating asset (wasting UBI on a Fed-card). We can all probably guess which one we’re going to get.
I found this money velocity chart, ugly ugly ugly ! Equates to hoarding, less tax revenue….currency out of circulation. Money printing will not push the kind of inflation as expected as before then, will be from shortages, currencies, and wage increase then. Fully and I have been in discussion on the jump in real estate prices and sales in both of our neck of the woods. Peeps fleeing creating a housing boom so I guess the cheap money from banks is still working but how low and how long and when do they run out of takers.
https://www.economicgreenfield.com/2020/04/29/velocity-of-money-charts-updated-through-april-29-2020/
There is also an interactive one here.
https://www.crystalbull.com/stock-market-timing/Velocity-Of-Money-chart/M2/
nice site, thnx. good reads galore.