Bernanke bets otherwise: I hope he is right.
When the velocity of money returns: well, it won't be pretty.
When the velocity of money returns: well, it won't be pretty.
Deum nemo vidit umquam; unigenitus Deus, qui est in sinu Patris, ipse enarravit. Quid quaeritis? (Ioannis 1:18,38)
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