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JOLTS, ISM manufacturing, fed funds rate

Summary:
No recession yet, at least partially due to the increased federal deficit spending on interest payments as the Fed hikes rates: With debt/GDP the rate hikes have had the effect of about 0 billion/year of additional (highly regressive) federal deficit spending:

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No recession yet, at least partially due to the increased federal deficit spending on interest payments as the Fed hikes rates:

JOLTS, ISM manufacturing, fed funds rate

JOLTS, ISM manufacturing, fed funds rate

JOLTS, ISM manufacturing, fed funds rate

With debt/GDP the rate hikes have had the effect of about $500 billion/year of additional (highly regressive) federal deficit spending:
JOLTS, ISM manufacturing, fed funds rate
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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