WARREN MOSLER | Modern Monetary Theory

Altman is back

America’s disastrous debt is Obama’s biggest test By Roger Altman April 21 (FT) — The global financial system is again transfixed by sovereign debt risks.

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Government spending and inflation comments

Note how the ‘soft spot’ in govt. spending corresponds to the softening in domestic demand. Fortunately exports have been expanding sufficiently to sustain reasonably high

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