WARREN MOSLER | Modern Monetary Theory

NYT: Mortgages

[Skip to the end] (an email exchange) >    >   On Mon, Aug 4, 2008 at 7:50 AM, Russell wrote: >    >   I am more and more convinced

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Refi madness

Homeowners rushing to refinance mortgages Federal Reserve’s surprise rate cut sparked a refinancing boom This week’s surprise rate cut by the Federal Reserve not only

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2008-01-21 Update

Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce

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