The Velocity of Money and the Effects on Credit.
You must know now that the US and the world is in the midst of a financial crisis. If you’re like me, you’re very confused. I’m a little less confused but I’ve been asking questions and doing research. I’ve spent a lot of time on why credit is so hard to get. I hope this article will help you understand more about this very complicated process. Even the experts are often wrong, sometimes even the interpretation of what the economic numbers mean.
Have you asked where the money went? Why do the banks suddenly not have the money to loan? Did you assume like me that the banks have money but were afraid to let it go? That is a part of it but not the whole story, not even the biggest part of the check.
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