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When Warren Mosler tried to teach Larry Fink, MMT.

Summary:
Evidently it went in one ear and out the other. Now Larry Fink wants your retirement money. 

Topics:
Mike Norman considers the following as important:

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Evidently it went in one ear and out the other. Now Larry Fink wants your retirement money. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

18 comments

  1. 16th view.

  2. @dannywindham3295

    There is nothing to prevent the federal government from creating as much money as it wants and paying it to someone. Former fed chair alan greenspam. I think he kind of knows where the money comes from. Mike Norman, thank you for the continuing education.

  3. Me? Not a fan of Larry Fink, never been, never will be. Nor Soros! I heard his son is even worse

  4. @financeeconomics1057

    I agree it's more interesting when the market is going down.

  5. Mike, I like you man

  6. You called it my man.

  7. I’ve made so much money since I started listening to you it’s not even funny. Just filed my taxes and bought myself an SRT 🚗 😂💪🏾

  8. I actually own a signed copy of Warren's book.

  9. Thanks for the insights, Mike. I see the various doom and gloom reports, but I don't pay attention or even try to understand what they are saying. I think a lot of them are selling gold or survival supplies or youtube ads, etc. What bothers me is if people are paying attention to the doomers and are out of the stock market they are hurting themselves.

  10. The seven deadly innocent frauds

  11. There's nothing to prevent the Federal Government from creating as much money as it wants and paying it to somebody.

  12. Talk about the JPM Collar…

  13. Mikey the beast !!!

  14. LOL … soo true….

  15. Apart from the deficit spending , roughly 7% of GDP, roughly 2% goes to trade deficit and maybe 3.or3.5% inflation. Do you think a real savings rate of 1.5 to 2% is enough to keep the economy expanding?

  16. @JeremyChildress

    I love your videos Mike!
    You’re awesome and yes I learn by listening to you.

  17. The Sun will become a Red Giant and swallow the Earth.

  18. Thats an interesting narrative, but there is no one benefiting more from the current MMT regime than Blackrock.

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