Despite mass job losses, California revenues soar by billions as rich get richer during pandemic via /r/economy


Despite mass job losses, California revenues soar by billions as rich get richer during pandemic
https://ktla.com/news/california/despite-mass-job-losses-california-revenues-soar-by-billions-as-rich-get-richer-during-pandemic/

Submitted February 28, 2021 at 01:56PM by BlankVerse
via reddit https://www.reddit.com/r/economy/comments/lunfwi/despite_mass_job_losses_california_revenues_soar/?utm_source=ifttt

The world’s biggest camera-operated autonomous store has opened in Shanghai. This is how it works. via /r/economy


The world’s biggest camera-operated autonomous store has opened in Shanghai. This is how it works.
https://www.businessinsider.com/aifi-camera-operated-autonomous-retail-steve-gu-shopping-amazon-go-2021-2

Submitted February 28, 2021 at 12:25PM by finphil
via reddit https://www.reddit.com/r/economy/comments/lula05/the_worlds_biggest_cameraoperated_autonomous/?utm_source=ifttt

M2 money stock vs. velocity via /r/economy


M2 money stock vs. velocity

Can anyone explain what's going on between these two charts:

M2 Money Supply: https://fred.stlouisfed.org/series/WM2NS

M2 Money Velocity: https://fred.stlouisfed.org/series/M2V

M2 has ballooned significantly, but the velocity of M2 is down by almost 30%. There also seems to be a longer term trend of higher M2 and decreasing velocity.

What's the relationship between these two values, and what's going on in the economy based on these?

Submitted February 28, 2021 at 12:37PM by YourRoaring20s
via reddit https://www.reddit.com/r/economy/comments/luljpg/m2_money_stock_vs_velocity/?utm_source=ifttt

Environmental collapse: It’s time economists put the planet on their balance sheets via /r/economy


Environmental collapse: It’s time economists put the planet on their balance sheets
https://www.reddit.com/user/Fatherthinger/comments/lujtut/environmental_collapse_its_time_economists_put/

Submitted February 28, 2021 at 11:23AM by Fatherthinger
via reddit https://www.reddit.com/r/economy/comments/lujul8/environmental_collapse_its_time_economists_put/?utm_source=ifttt

Berkshire Hathaway beats Q4 EPS Consensus by 42.3%, repurchases $24.7 billion in shares, and continues repurchases this year via /r/economy


Berkshire Hathaway beats Q4 EPS Consensus by 42.3%, repurchases $24.7 billion in shares, and continues repurchases this year
https://www.reddit.com/user/Fatherthinger/comments/lucxwn/berkshire_hathaway_beats_q4_eps_consensus_by_423/

Submitted February 28, 2021 at 05:47AM by Fatherthinger
via reddit https://www.reddit.com/r/economy/comments/lud16k/berkshire_hathaway_beats_q4_eps_consensus_by_423/?utm_source=ifttt