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Corporate profits

Posted byWARREN MOSLER December 20, 2013 @ 11:07 am (Friday)December 23, 2013 @ 10:40 am (Monday)

Profits are after tax but without inventory valuation and capital consumption adjustments. Corporate profits on a year-on-year basis increased 5.6 percent versus 5.3 percent in the second quarter.

They also show close correlation with the size of the Federal deficit.

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Posted byWARREN MOSLERDecember 20, 2013 @ 11:07 am (Friday)December 23, 2013 @ 10:40 am (Monday)Posted inDeficit, Government Spending

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