WARREN MOSLER | Modern Monetary Theory

Market update

Inflation ripping: Oil up, grains and commodities up, and dollar down, as continued US demand at higher prices for energy transfers more $US to foreigners

Read More »

Changing dynamics for the Fed

Cutting 75 basis points rather than the expected 100 basis points gave the Fed positive near term reinforcement from market participants: Dollar went up Food/fuel/commodities

Read More »

FOMC

Karim Basta: Further cut to gwth outlook Financial conditions tighter and housing getting worse Inflation receives greater concern than prior statement Conclusion: downside risks predominant

Read More »

Re: fed’s action

> >     On Wed, Mar 12, 2008 at 8:40 PM, Davidson, Paul wrote > >     Warren: > >     Don’t you think it was a strange

Read More »

Plosser speech

From Philadelphia Fed President Plosser: To be more concrete, many versions of the simple rules that I refer to when gauging the current stance of

Read More »

Re: Bernanke/data

(an interoffice email) Yes, and he reaffirmed that he’s using the futures prices to predict where prices are going.  He pointed to crude being at

Read More »