Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures.
All charts reflect quarterly data through the first quarter of 2012, and were last updated as of April 27, 2012. As one can see, two of the three are at all-time lows:
Velocity of MZM Money Stock, current value = 1.434 :
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Velocity of M1 Money Stock, current value = 6.966 :
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Velocity of M2 Money Stock, current value = 1.582 :
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1403.36 as this post is written
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