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Economists Keep Saying
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Made by
1forpeace
3 years ago
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i did that biden
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4 Comments
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whybotherbear44
1 up
, 3y,
1 reply
We were in a recession in 2018
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1forpeace
1 up
, 3y,
1 reply
But many think that we're in a recession now. Seeing consumer spending slow is also an indicator, which does seem to be happening now too.
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whybotherbear44
1 up
, 3y,
1 reply
The article I read talked about 'money velocity' and used that as the indicator of the recession.
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1forpeace
1 up
, 3y
Yes when the velocity of money is down, people are spending less. Which is what happens in a recession. Including businesses investing less.
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I did that biden
IMAGE DESCRIPTION:
WE ARE GOING TO HAVE A. RECESSION; OR WE ARE IN ONE NOW. THANKS JOE BIDEN