Monthly Archives: September 2010

Financial Obligation Ratios

The charts are Fed numbers that show how high debt is compared to incomes. What it shows is that as the govt. deficits increased they added income and savings to the economy which resulted in higher incomes and lower total … Continue reading

Posted in Deficit, Employment, Interest Rates |

Saudi crude production

Down a bit for the month, certainly no pressure on supply, but still trending modestly upward. This is a reasonable indicator of net world demand, as the Saudis continue as swing producer setting price and letting quantity adjust.

Posted in Comodities, Oil | Tagged |

Seth Carpenter paper

On Tue, Sep 28, 2010 at 12:36 PM, Eileen wrote: Did Hell freeze over and I missed it?? Seth B. Carpenter and Selva Demiralp, recently posted a discussion paper on the Federal Reserve Board’s website, titled Money, Reserves, and the … Continue reading

Posted in Banking, CBs | Tagged , , , |

Warren Mosler: Obama’s China Policy Will Destroy U.S. Jobs and Create Inflation

Warren Mosler: Obama’s China Policy Will Destroy U.S. Jobs and Create Inflation Noted Economist and Senate Candidate: Forcing The Yuan Up and The Dollar Down Is The Worst Possible Option For Creating U.S. Jobs Middletown, CT. – September 28, 2010 … Continue reading

Posted in China, Currencies, Employment, Politics | Tagged |

Durables

Karim writes: Strong underlying data, though series very volatile Orders ex-aircraft and defense up 4.1% Here is what the last 6mths look like: +4.1%; -5.3%; +3.6%; +4.7%; -2.8%; +6.7% Y/Y gwth is 22.2% Trends look like reversal of prior month: … Continue reading

Posted in USA |

Dems hand advantage back to Reps by delaying tax cut action

Blatantly delaying action on something that can help the economy for presumed political gain is a blunder equal to the Republicans saying they would oppose the proposed Obama tax cuts. It doesn’t get more insulting to the voters than this. … Continue reading

Posted in Politics |

What Policies for Global Prosperity?

Antonio Foglia and Andrea Terzi interview Warren Mosler, Distinguished Research Associate of the Center for Full Employment and Price Stability, University of Missouri, Kansas City (participating via videoconferencing) April 20, 2010 *Antonio Foglia* (AF): I have known Warren from his … Continue reading

Posted in Q&A |

Not all the candidates for Senate will be debating

Reads like McMahon and Blumenthal won’t attend if I’m included: Not all the candidates for Senate will be debating By David Collins Publication: The Day  Now that a final schedule of televised debates for Connecticut’s Senate race seems to be … Continue reading

Posted in Uncategorized |

McMahon and Blumenthal’s Proposals on Bush Tax Cuts Would Destroy Jobs, Says Ind. U.S. Senate Candidate Warren Mosler

‘Paying for’ the Extension of the Bush Tax Cuts Negates the Benefits of Extending Them Middletown, CT. – September 21, 2010 – Warren Mosler, Connecticut’s Independent Party Candidate for US Senate, says that his opponents, Democrat Richard Blumenthal and Republican … Continue reading

Posted in Uncategorized |

Fed Mulls Trillion-Dollar Policy Question

Fed Mulls Trillion-Dollar Policy Question How much of a boost to the U.S. recovery could another trillion dollars or two buy? None, never has, never will. get over it!!! It’s about price (interest rates), not quantity. and lower interest rates … Continue reading

Posted in Fed |