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The author WARREN MOSLER
WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

Mosler Economics

Unemployment claims, trade, vehicle sales

Still way above the 200,000 pre covid levels.Makes me wonder why so many people are still losing jobs: Weaker imports is likely a sign of a weaker US consumer: And oil isn’t much of a factor anymore: This is seriously low as supply issues continue: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: Wards Intelligence (informa.com) August’s annualized rate was tracking about one million units higher until the inventory-drain worsened enough that sales nosedived...

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