automatic stabilizers – Warren Mosler

WARREN MOSLER | Modern Monetary Theory

Bank earnings as a demand leakage

All unspent income is called a ‘demand leakage’ as it means the output can’t get sold unless another agent spends more than his income. (by

July 17, 2013

European Retail Sales Decline Most in Nine Months

‘market forces’ are driving national deficits higher via automatic stabilizers which drives the euro lower to the point exports rise sufficiently to turn the tide,

April 8, 2010