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richcollins
on Feb 4, 2009
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How Depressions Work
Yep, looks like it was a lack of money in circulation that caused the problem:
http://research.stlouisfed.org/fred2/fredgraph?chart_type=li...
baguasquirrel
on Feb 4, 2009
[–]
The velocity of money has dropped. I don't have the charts on hand, but you're citing that chart and making the wrong conclusions.
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