No recession yet, at least partially due to the increased federal deficit spending on interest payments as the Fed hikes rates:
The post JOLTS, ISM manufacturing, fed funds rate appeared first on Mosler Economics / Modern Monetary Theory.
JOLTS, ISM manufacturing, fed funds rate
September 01, 2022 at 12:29 PM EDT
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: The post JOLTS, ISM manufacturing, fed funds rate appeared first on Mosler Economics / Modern Monetary Theory .
No recession yet, at least partially due to the increased federal deficit spending on interest payments as the Fed hikes rates: