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Oil prices, Euro lending, Euro comment

Summary:
Saudis could be targeting a euro price rather than a $US price? It’s their call! With capped national deficits the economy needs growing private sector deficit spending or a growing current account surplus to satisfy growing savings desires: Low inflation = weak currency??? :(

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Saudis could be targeting a euro price rather than a $US price? It’s their call!

Oil prices, Euro lending, Euro comment

With capped national deficits the economy needs growing private sector deficit spending or a growing current account surplus to satisfy growing savings desires:

Oil prices, Euro lending, Euro comment

Low inflation = weak currency??? :(

Oil prices, Euro lending, Euro comment

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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