by Summary:
Monopoly pricing power is what central banks have. Sorry inflationists's, there will be no rate hikes.
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Mike Norman considers the following as important:
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Monopoly pricing power is what central banks have. Sorry inflationists's, there will be no rate hikes.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Monopoly pricing power is what central banks have. Sorry inflationists's, there will be no rate hikes. |
Lol
on todays show Mike Norman explains why he's running for governor of California , surfs up dude..
If Mike is elected Governor of California it would be worst than a earthquake.
The U.S. national debt is the biggest in the world. But unlike you, the U.S. government can keep spending without worrying about running out of money.
https://twitter.com/ajplus/status/1387360949888327687
Looks like a surgeon..lol
That's exactly what I thought. He even had the dark glasses on at the start! lol!
There’s this guy called Maverick of Wall Street who always complains about inflation. But I agree with you.
I have missed quite a few weeks of Mikes YouTube videos. However, I rarely miss any of his daily emails or weekly MMT Reports. Mike, You Rock Brother!
Safe Travels Mike!
4 dollars per gallon at the gas pump in LA.
Mike said there is no inflation..
Keep listening to Peter Schiff or Greg Mannarino.. lol haa… Crash coming!!! Buy Gold!!
@ace q my definition of a crash is watered down purchasing power of retirees on fixed income matey.
120 billion dollars being pumped into the world in exchange for bonds each month, the more USD created the less my purchasing power.
That’s BS. That’s not how it works
@Uhohhotdog Gaming trillons more USD created out of thin air waters down value of the USD, this is a crash for retirees on fixed income.
copper all time highs.
median price of house california 850,000 bucks. no problem I can get a mortgage on my service job at whattaburger.
Dude. while you're here in Los Angeles… make sure you take note of all the tents under the freeways and campers in neighborhoods… just like the Powelll question about the homeless in Washington DC. This has been happening since 2016… way before the pandemic. And take a close look and you'll see families.. pregnant women.. couples…. Why??? Because of freaken inflation. It's not if we're going to have it… it's been here… I've never seen anything like this. And it's not politics. It's a little bit of drugs. It's mostly because people are being priced out.
Enjoy the break, Mike. Hope the weather is good…the lesson certainly was
Mike's mood and market insight improves when he is away from the NYC meat grinder. High debt loads are deflationary.
Mike, check out the preview loop to this vid, lol!
Your expression when it loops is same as when it starts, (mid-sentence at that!) so your shades be like, bam! ???!
Surgeon garb
Asteroid 16 is said to contain $10K quadrillion ($10 QUINTILLION) in gold, etc.
Lord, please just let me see the look on the goldbug hyperinflation fetishists faces when NASA tugs it here!
Sorry Mike, deflation dotcom is already taken by Steve Keen, lol!
Did the inflation fetishists cry over Texas energy price gouging? I'm getting unlim LTE in Ukraine + hotspot for $10! Got MRI's for less than 10% US.
Why is gold not going higher? Only thing not going up….
cali man