WARREN MOSLER | Modern Monetary Theory

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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Fed comments

The Fed is aware rate cuts don’t do much for near term financial disruptions. For example, the FF/LIBOR spread was first addressed with FF cuts,

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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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Re: fiscal response

On 04 Jan 2008 22:29:03 +0000, Prof. P. Arestis wrote: > Dear Warren, > > Many thanks. > > This is all interesting. The sentence

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