Monetary Policy influencing commodities and finance, and damaging the economy.
Who or what is driving these lines!? link to the working paper on Oil vs Gold vs S&P500 A hint: Monetary Policy. These evolution's, doubling and tripling the value in just 4 years, have no economic support and they are damaging the economy As you can see, concerning M2 Nominal Money Velocity vs Central bank Assets, since early 2006, the economic activity associated with M2, has decreased from 2 times units of goods and services per 1 unit of money (M2), to, 1,54 times units of good and services per 1 unit of money (M2). (Velocity of money measures the rate at which money changes hands) The speed and the amounts of which money is being printed, under the form of Quantitative Easing programs and other new means / operations, has no parallel in recent central bank history, as you can see here in this graph with information about the USA M2 Money velocity Historically, Monetary Aggregates haven't grown in this way... this is getting out of con...