WARREN MOSLER | Modern Monetary Theory

Bernanke comments/legacy

Headlines: Bernanke: Aware Of Dollar’s Special Role In Global Economy Bernanke: Best Fundamentals For Dollar Come From Strong Economy Bernanke: Must Act To Bring Down

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Bernanke Op-Ed

What the Fed did and why: supporting the recovery and sustaining price stability By Ben S. Bernanke November 4 (Washington Post) — Two years have

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FOMC

Karim writes: Statement dropped reference to bank credit contracting Several references to inflation being too low; 2nd paragraph completely overhauled to specify that Fed is

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The Bernanke Paradox

Just arrived from Professor Tcherneva. It outlines the paradox between what the Chairman says about govt spending not being operationally constrained by revenues, aggregate demand

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Trade-Q2 GDP

Karim writes: Real trade balance widens from -46bn in May to -54bn in June Exports down 1.3% but imports up 3% Even though civilian aircraft

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ISM/Bernanke

I tend to agree with Karim and Fed Chairman Bernanke. Modestly improving GDP growth with unemployment coming down very gradually until a consumer credit expansion

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