by Summary:
The US budget deficit is USD 75 billion in June 2018; this is a net add of income to the private sector and allows it to grow. The good news is that dollars are being added to the economy by the Federal government, and it grows the economy. Further net inflows are expected for the rest of the year from the Federal government and private credit growth. Private credit growth has so far added billion to the net money supply; last year, it was only billion. At this rate, it could total 0 billion for the year.... Alan Longbon schools his readers in Godley's monetary economics.Seeking AlphaGood News: U.S. Government Posts A Billion Deficit For June 2018 Alan Longbon
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Mike Norman considers the following as important: monetary economics, US fiscal policy, wynne godley
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The US budget deficit is USD 75 billion in June 2018; this is a net add of income to the private sector and allows it to grow. The good news is that dollars are being added to the economy by the Federal government, and it grows the economy. Further net inflows are expected for the rest of the year from the Federal government and private credit growth. Private credit growth has so far added billion to the net money supply; last year, it was only billion. At this rate, it could total 0 billion for the year.... Alan Longbon schools his readers in Godley's monetary economics.Seeking AlphaGood News: U.S. Government Posts A Billion Deficit For June 2018 Alan Longbon
Topics:
Mike Norman considers the following as important: monetary economics, US fiscal policy, wynne godley
This could be interesting, too:
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Alan Longbon schools his readers in Godley's monetary economics.
- The US budget deficit is USD 75 billion in June 2018; this is a net add of income to the private sector and allows it to grow.
- The good news is that dollars are being added to the economy by the Federal government, and it grows the economy.
- Further net inflows are expected for the rest of the year from the Federal government and private credit growth.
- Private credit growth has so far added $36 billion to the net money supply; last year, it was only $23 billion. At this rate, it could total $100 billion for the year....
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Good News: U.S. Government Posts A $75 Billion Deficit For June 2018
Alan Longbon