The one thing that has changed, in terms of journalistic practice, is the cause of death. It’s much less euphemistically couched than in the past. When I was growing up, newspapers were very Victorian when it came to describing death. If you saw “short illness” it meant heart attack and “long illness” meant cancer. In small town papers where obits are written to protect the families, you still see that, but we’re much more straightforward.
During the first and second quarters of 2014, the velocity of the monetary base was at 4.4, its slowest pace on record. This means that every dollar in the monetary base was spent only 4.4 times in the economy during the past year, down from 17.2 just prior to the recession.