tag:blogger.com,1999:blog-5713178645208582139.post6626126551233984388..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Putting Financial Stability Concerns Into PerspectiveDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5713178645208582139.post-31459607764099609232014-07-08T12:43:37.870-05:002014-07-08T12:43:37.870-05:00Divisia aggregates (broad money measures which con...Divisia aggregates (broad money measures which confuse money with liquid assets), correlation coefficients aren't remotely close to those of money flows (our means-of-payment money times its transactions rate-of-turnover). <br /><br />The scientific evidence for the last 100 years is irrefutable. I.e., the trajectory in the rate-of-change (proxy for inflation indices), for MVt (the scientificSalmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.com