WARREN MOSLER | Modern Monetary Theory

2008-10-10 USER

[Skip to the end] Trade Balance (Released 8:30 EST) Exports MoM (Released 8:30 EST) Imports MoM (Released 8:30 EST) Exports YoY (Released 8:30 EST) Imports

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Comments on 8:30 numbers

Retail sales weak today, but exports up over 16% earlier this week, and jobless claims now settling in around 350,000 – far from recession levels.

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Perspective

Perspective by Steve Hanke US Mercantilist Machismo, China replaces Japan The United States has recorded a trade deficit in each year since 1975. That is

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China’s export prices

Checked with our China economist, it appears that China’s export price has been rising since early 06. Compared to the price by end of 06,

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