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Durable goods orders, private payrolls

Summary:
Familiar pattern, up a bit but still depressedWhat the President has been doing is expressing thesemoves up from the collapse in percentage terms, thenstating the percentage gains are the largest ever, as indicationsthat the economy is booming, etc.It’s either shameless spinning, or, worse, he actually believesit…

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WARREN MOSLER writes Industrial production, Retail sales

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WARREN MOSLER writes Loans, interest margins

WARREN MOSLER writes Options buying, employment

Familiar pattern, up a bit but still depressed
What the President has been doing is expressing these
moves up from the collapse in percentage terms, then
stating the percentage gains are the largest ever, as indications
that the economy is booming, etc.
It’s either shameless spinning, or, worse, he actually believes
it…

Durable goods orders, private payrolls

Durable goods orders, private payrolls

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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