WARREN MOSLER | Modern Monetary Theory

Connolly

Agreed that government can buy stocks to keep them from falling, as HK did. But the 1930s was a gold standard deflationary collapse. The Fed

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Gasoline demand

this doesn’t look like the stuff of recession: FUNDAMENTALS TO SUPPORT Barclays Capital said gasoline demand indications from the U.S., the world’s largest consumer, have

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No recession, yet..

No Recession, yet.. Demand drop of 1% of GDP began over a year ago when home buying by subprime borrowers ceased.. And exports picked up

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