WARREN MOSLER | Modern Monetary Theory


My take is we’ve had a one time upward adjustment in prices due to increased costs from Covid-related supply issues, along with supply side disruptions

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Employment, China

Employment generates income and spending. The gap vs the pre-covid path is closing at an ever slowing rate. And the cost of living is rising

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GDP, jobless claims

Typical post war recession type of outcome, as previously discussed:   One reason for the low unemployment in the US is that for a lot

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