Money Supply(M2) x Velocity of Money(M2V) = Price Level x real GDP (GDP)
Therefore
Price Level = (Money Supply(M2) x Velocity of Money(M2V))/real GDP (GDP)
All I did was graph the Price Level according to the first equation
Therefore
Price Level = (Money Supply(M2) x Velocity of Money(M2V))/real GDP (GDP)
All I did was graph the Price Level according to the first equation
Note
Keeps going up. Buy into your safe havens
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.