Summary:
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Jim Stanford writes Interrogating the ‘Vibecession’
Lars Pålsson Syll writes Busting the ‘natural rate of unemployment’ myth
Merijn T. Knibbe writes The political economy of estimating productivity.
Merijn T. Knibbe writes Peak babies has been. Young men are not expendable, anymore.
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared?
Still a very high number- well above pre-Covid levels:
Back to pre-Covid trend line:
A slight decline for the month but still trending higher. No sign of recession here:
The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated: