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:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Dispensing with the US-centric financial system
John Quiggin writes How to dispense with Trump’s US
John Quiggin writes Trump has thrown out the global economic playbook. It’s time for Australia to write its own rules
tom writes Germany’s election & why it is important to understand the Ukraine War
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 $500 billion/year of additional (highly regressive) federal deficit spending:
