Wednesday , July 28 2021
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Bank lending

Summary:
Private sector deficit spending needs to replace fading public sector deficit spending (as benefits expire) to sustain output and employment: A small pick up here but still well below where it would have been otherwise: Tax receipts are moving up aggressively with the recovery and further supported by ‘inflation:’

Topics:
WARREN MOSLER considers the following as important:

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Private sector deficit spending needs to replace fading public sector deficit spending (as benefits expire) to sustain output and employment:

Bank lending

Bank lending

Bank lending

Bank lending

A small pick up here but still well below where it would have been otherwise:

Bank lending

Bank lending
Tax receipts are moving up aggressively with the recovery and further supported by ‘inflation:’

Bank lending

Bank lending

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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