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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Archive for June 9th, 2009

China News

Posted by WARREN MOSLER on 9th June 2009


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Talk is cheap about getting out of dollars— they are pushing those exports which means they will do what it takes to keep their currency down including selling it vs dollars.

Good for us, bad for them, but we don’t know it and they don’t know it.

China Raises Export Rebates on Steel, Machinery, Toys


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Posted in China | 5 Comments »