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Income, Consumption, Savings, Consumer loans, Real estate loans

Summary:
So jobs and paychecks and profits were lost, but gov deficit spending morethan made up for the lost personal income, but spending went down anyway,as personal savings went up. Then personal income fell back some, consumptionincreased some, and savings went down some.The ,200 distribution was a one time event, and the new deficit spendingon unemployment benefits of 0/week just expired, making it all dependenton what Congress does next…

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WARREN MOSLER writes Unemployment claims, Architecture index, New home sales

WARREN MOSLER writes Consumer sentiment, Existing home sales, Services

WARREN MOSLER writes Consumer sentiment, current account

WARREN MOSLER writes Industrial production, Retail sales

So jobs and paychecks and profits were lost, but gov deficit spending more
than made up for the lost personal income, but spending went down anyway,
as personal savings went up. Then personal income fell back some, consumption
increased some, and savings went down some.
The $1,200 distribution was a one time event, and the new deficit spending
on unemployment benefits of $600/week just expired, making it all dependent
on what Congress does next…

Income, Consumption, Savings, Consumer loans, Real estate loans

Income, Consumption, Savings, Consumer loans, Real estate loans

Income, Consumption, Savings, Consumer loans, Real estate loans

Income, Consumption, Savings, Consumer loans, Real estate loans

Income, Consumption, Savings, Consumer loans, Real estate loans

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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