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Inventories, Terzi paper

Summary:
Attached is an excellent piece on the euro zone by Professor Andrea Terzi Sales aren’t falling year over year but they aren’t growing at 5% as they would do in ‘normal’ times:In ‘normal’ times inventories increase with sales, adding to output. But when sales slow inventory growth stops and reverses: I like this headline:

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Attached is an excellent piece on the euro zone by Professor Andrea Terzi

Sales aren’t falling year over year but they aren’t growing at 5% as they would do in ‘normal’ times:
Inventories, Terzi paper
In ‘normal’ times inventories increase with sales, adding to output. But when sales slow inventory growth stops and reverses:

Inventories, Terzi paper

Inventories, Terzi paper
I like this headline:

Inventories, Terzi paper

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.

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