by Summary:
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
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WARREN MOSLER considers the following as important: Uncategorized
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Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared?
Still a very high number- well above pre-Covid levels:
Back to pre-Covid trend line:
A slight decline for the month but still trending higher. No sign of recession here:
The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
