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- Offsetting the demand leakages
- oil priced in rubles chart
- macro update
- Housing starts, Japan discussion, China, US pmi, store sales
- Japan rate update, Empire manufacturing
- Early Signs Of A Slowdown In US Oil Fields
- Credit check
- is the drop in oil price a positive or negative?
- household net worth
- claims, retail sales, prices, inventories
Monthly Archives: November 2012
This was my suspicion back in maybe May, 2011 when Bernanke made his strong dollar speech after China had let their T bill portfolio run off after the Fed had begun QE1. Either China doesn’t understand QE or they are … Continue reading
Congrats to Paolo Barnard who has published this manifesto based on the principles in ‘Soft Currency Economics’ and what is now known as MMT! Wish I could read Italian! NON ERAVAMO I PIIGS. TORNEREMO ITALIA
Seems this is what these charts would look like if Japan was selling yen to buy dollars and euro to support their exporters?
So glad to see the comments in defense that are as right on as anything I could have written!
Israel doesn’t take the bait. The rocket attacks could have only been meant to trigger an invasion. Israel Postpones Ground Assault to Give Talks a Chance By Gwen Ackerman and Alisa Odenheimer November 20 (Bloomberg) — Israel postponed a decision … Continue reading
Please click here to listen to a conversation with Warren Mosler. We did an audio call with Warren in late June and he was spot on. So I thought it was a good time to circle back with him. Topics … Continue reading