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Stunning move in lumber today. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Stunning move in lumber today. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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| Stunning move in lumber today. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Instead of getting mad at Mike. You should be angry at Ronald Reagan unfortunately the bastard's Dead. Should be angry at Friedrich agust Von Hayek Milton Friedman James Buchanan Lewis Powell. Unfortunately those f**** are dead. The only way this will turn around is to go back and examine what those men did how neoliberalism took over our country. Nothing will be solved until enough people understand this.
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on Today's show Mike Norman shows off his new Make Schmidt Beer Great Again hat
but on a serious note , Mike is right and he has a solid track record , go back & watch his YouTube videos from 10 years ago ?
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here's 1 thing i disagree with and that this is the top. IMO from what i'm seeing is the lockdown insanity still continuing around the world.
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Mike, do not expect crowd will listen to You even if You tell them that You are on their side. As Russian proverb says " No good deed goes unpunished" ….. Stop worrying and teaching the crowd. The one who wants will listen and follow You but most of them will not, and it is OK …. Let them make mistakes.
Same here everytime some talks that stuff i do the same thing im there with you
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Will be interesting to see what the Aussie does if copper pulls back
CAD too
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You said "you can't look at one year increase in prices and equate it to inflation". Well genius, you can't look at a one day price decrease in the market and call it a reversal. Prices don't go up in a straight line.
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Are you trading any of the cryptos Mike?
Yes I am
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You can send me a message I will guide you on something
Great video, however the spending did encourage US Dollar Index did fall. Supply issues is the main issue but isn’t the only factor.
Housing costs are the real burden right now. What is your thoughts on the NASDAQ fall?
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Hey Mike, why do you never mention immigration in your list of factors causing wages to be suppressed? The Koch brothers support immigration for the same reason they support all the other policies you name, so why consistently leave that one off the list?
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Instead of doing what other countries did by keeping people tied to their jobs and paying them their wages businesses decided to fire people and put them on unemployment. Screw businesses. Pay workers.
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Fed pulling plug on liquidity they call the shots.Doing thru currency swaps.
Reparations??
Dios Mio!!!
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Truth
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Cant stand to listen to you anymore.
@R O Y G B I V There's only one thing that guarantees Social Security will get paid and that's the fact that the government can create any amount of money it wants and pay it to whomever it wants. Here's Alan Greenspan explaining it. https://www.youtube.com/watch?v=GdOsybbBVEU
And just so you know, all Social Security taxes collected go into the Treasury General Account from which all spending is conducted. There is no "set aside" for SS. What the SS "trust funds" get are special "non-marketable securities" which are basically IOU's. Checks are sent out. Everyone gets paid.
@Michael Norman I understand all the fiat monetary theory. In fact, I actually think the modern model to money is awesome. It's based on pure faith that we all agree on a certain type of sovereign currency to use as an exchange for goods and services. It's a really wonderful system.
You keep showing how it works. Tax is a form of government force. I do not care if it works or not… its morality, Mr Norman, that I speak of. It is immoral to tax a man's labor. It is immoral to tax the fruits of a mans talents and effort and give to another group of people. I do not have a voice of where the money goes. I do not get asked. If I do not pay the possibility of going to jail is very real. Men with guns will come and take me away like a criminal if I do not adhere to the so called laws even though I haven't committed a heinous crime.
We can have a discussion without the profanity, Mr Norman. You're better than that.
@R O Y G B I V It's certainly not based on pure faith. It's based on the fact that gov't levies taxes, and its currency is the only thing it will accept for payment. Thus, the non-gov't must hold some of it in order to satisfy tax liabilities. That's what gives it value and makes it ubiquitous.
@R O Y G B I V " It's based on pure faith that we all agree on a certain type of sovereign currency to use as an exchange for goods and services." LOL, you have not understood at all. You are embarrassing yourself.
" I do not have a voice of where the money goes." Yes you do. You vote, right? You are also free to run for office. Quit pretending you are a helpless victim you crybaby.
Mike well said decades of gov policy that hurt wages.