WARREN MOSLER | Modern Monetary Theory

DXY and exports

[Skip to the end] Dollar Index vs US Exports Right – seems to me the dollar will fall until it’s at a level where the

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Money (USD)

My take on the USD: It was at a level based on foreigners wanting to accumulate $70 billion per month which also = the US

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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

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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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NYC Tourism

Dollar weak enough to support exports: NYC hits tourism record by Samantha Gross NEW YORK (AP) – With a falling dollar sweetening the deal for

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