When we look at the EIA’s “gasoline consumption” numbers, and when we see the St. Louis Fed’s chart of the U.S. velocity of money (heartbeat of the U.S. economy); we don’t see an economy which is dying. We see an economy which is already dead.
Friday, May 30, 2014
U.S. Gasoline Consumption Plummets By Nearly 75%
http://www.bullionbullscanada.com/us-commentary/26530-us-gasoline-consumption-plummets-by-nearly-75
Labels:
EIA,
gasoline consumption,
Plummets,
U.S.
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