Velocity of Money

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Is it possible that in the distant future, President George W. Bush, the 43rd president, might be viewed as one of the greatest American Presidents?

	Yes, he already is one of the greatest presidents.
	Yes, perhaps more information will become declassified that makes his decisions make sense.
	Yes, history may prove many of his assumptions were right.
	Maybe, anything is possible.
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	No, we can't trust any information that comes to light in the future.
	No, he is clearly the worst to ever take office ... twice.

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47 votes, 8 comments

But notice, most of these cutbacks all affect someone else in the economic chain.

That's a very good point. While the action saves you money in the short run, it's actual impact in the big pictures is slowing the Velocity of Money. An interesting article on Safe Haven describes the influence of Money Velocity on inflation. It's just one of those spiraling factors that unfortunately perpetuate a cycle.

I would suppose that chaos theory could be modeled fantastically upon the financial services industry using the appropriate data.

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