CNBC Archive

Most of the unemployed no longer receive benefits – CNBC

There is a silver bullet. The right amount of aggregate demand keeps labor the scarce resource it actually is. Most of the unemployed no longer receive benefits November 5 (CNBC) —The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer ...Read More

CNBC mention

Just got this email in comments section of my blog: Warren, You just got quoted by Steve Leisman on CNBC: Leisman: “As Warren Mosler has said: ‘Because we think we may be the next Greece, we are turning ourselves into the next Japan’. ” But I think based on other things he ...Read More

CNBC’s Kudlow Comments

He sort of gets some of it. There are many debates among economists about how to resurrect the subpar, so-called recovery and generate some serious new job creation. But there is also widespread agreement that nations cannot tax their way into prosperity, Right. devalue their way into prosperity, Depends on how you ...Read More

Yield Curve

[Skip to the end] >    >   from: Warren Mosler >   to: CNBC >    >   The long end is higher than ‘equilibrium’ due to the Treasury >   issuing longer term paper. >    >   This adversely alters investment and price signals. >    >   When the Fed buys it the curve returns to where it would >   have been if the government ...Read More