This chart explains why all the near zero-interest money injected into the markets during the Fed's "quantative easing" ($3.1 trillion) has failed to produce real economic recovery, but mostly stock market froth ($710 trillion in derivative notational value or ten times global GDP). The velocity of money has fallen to a low not seen since the First Great Depression:
Velocity has collapsed because most Americans live from paycheck to paycheck which is consumed by the necessities of life. According to the Social Security Administration, 50% of us make less than $28,031 a year. The only ones who have money to spend are the ultra-wealthy as this "hockey stick" chart shows:
