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Spiffy and Intercst,
Thanks for the posts, I went to the link and that linked to the St Louis Fed Reserve Money Velocity Reports. Looks like money velocity slowly ramped up through 70's , 80's, Peaked in mid 90's through 2005, Then drops to the lows in 2008 to 2019 in a downward trend.
So even if the consumer economy is doing so well in the past few years, Who is holding cash and not moving it, causing a slower velocity? Is it banks or corporations?
Both the M1 and M2 money lines so a somewhat similar story.

Mike
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