positive politics - friday, page-19

Some weeks ago I outlined why I still think it is possible that the big sideways move in US indices for the past thirteen years might still be a big base for the longer term - something like the period that ended in the early eighties. At the time I mentioned the velocity of money which is at very low levels. Doesn't rule out the probabilities of a correction over coming months but something to think about for the very long term.

So today I see another article talking about the volocity of money

http://www.safehaven.com/article/30737/are-banks-finally-ready-to-start-lending

My argument is that if banks really start lending all this money, the US economy could really take off.