German ZEW looking ominous
Posted by WARREN MOSLER on August 24th, 2011
The Center of the Universe
St Croix, United States Virgin Islands
MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.-
MMT: Taxes function to regulate aggregate demand, and not to raise revenue per se.
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- uh oh…
- NY Fed: How Are American Workers Dealing with the Payroll Tax Hike? – Liberty Street Economics
- Homebuilder Confidence in U.S. Climbs as Outlook Improves
- doesn’t look like much of a housing recovery- purch app’s down
- mtg prch apps fall
- CBO Updated Budget Projections: Fiscal Years 2013 to 2023
- MEMMT activist tour June 10-23
- GDP nominal and real, year over year
- Retail Sales year over year
- REINHART: Regarding Hilsenrath//+ Retail Sales
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The funds to pay taxes and buy government securities come from government spending.
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August 25th, 2011 at 6:00 am
Oil prices. If we see the WTI-Brent spread fall, it’s all good.
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