WARREN MOSLER | Modern Monetary Theory

Crude and the USD

[Skip to the end] My current assessment is that the crude sell-off has caused the USD’s strength. Lower crude prices make the USD ‘harder to

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Oil comments

Iraqi Oil Minister Sees No Output Change from OPEC (Reuters) Iraq’s oil minister Hussain al-Shahristani said on Thursday there was no sign of any shortage

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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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Saudi/Fed teamwork

Looks like markets are still trading with the assumption that as the Saudis/Russians hike prices the Fed will accommodate with rate cut. That’s a pretty

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