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??? :(
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
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??? :(
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
WARREN MOSLER writes Architectural index, Corporate leverage, Saudi oil pricing
WARREN MOSLER writes Housing starts, Industrial production
WARREN MOSLER writes Retail sales, Business inventories, Port traffic, Infrastructure
WARREN MOSLER writes Budget comments, ISM forecast, Global bank lending, Fed rate expectations, ECB Euro comments
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??? :(