WARREN MOSLER | Modern Monetary Theory

re: Trichet statement

The old german model was tight fiscal to keep domestic demand down, costs down, to help exporters. this made the mark strong so they sold

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CDS Update

[Skip to the end] Credit Default Swaps 5 Yr. CDS Jan. 1, 2007 Jan. 1, 2008 March, 14 2008 Sep. 26, 2008 Oct. 20, 2008

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2008-06-11 EU Highlights

[Skip to the end] Highlights French Inflation Accelerates to 12-Year High of 3.7% Spain’s Core Inflation Accelerated in May as Food Costs Surged Germany’s Weise

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2008-05-16 EU Highlights

[Skip to the end] Only the rising euro has kept the ecb from hiking, so far. Highlights ECB’s Trichet Sees ‘Less Flattering’ Growth in Second

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