WARREN MOSLER | Modern Monetary Theory

Bernanke comments

[Skip to the end] The FOMC can’t possibly believe that a 2% Fed Funds rate is the ‘right’ rate given current CPI of about 4%,

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DXY and exports

[Skip to the end] Dollar Index vs US Exports Right – seems to me the dollar will fall until it’s at a level where the

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Changing Tides

I’ve been thinking that when the Fed turns its attention to inflation it will find itself way behind that curve, which it is by any

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Money (USD)

My take on the USD: It was at a level based on foreigners wanting to accumulate $70 billion per month which also = the US

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