Thursday , October 31 2024
Home / Video / Great charts showing the drop in net government transfers.

Great charts showing the drop in net government transfers.

Summary:
A picture is worth 1000 words and that certainly true here. 

Topics:
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A picture is worth 1000 words and that certainly true here. 
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.

20 comments

  1. @barrymcbrush5452

    Join the MMT Team! Mike rocks!

  2. @barrymcbrush5452

    Looking forward to the next MMT Report for sure! First thing I look for in my inbox every Monday.

  3. @barrymcbrush5452

    Lol! Great ending to the video! Keep on shining Mike! You're golden! The U.S. Flag in the background is what I miss seeing.

  4. Looks pretty good. The economy is like a fat guy at the McDonalds shoving down burgers (leading flow) but he’s also running a 10km after (taxation).The net calories accumulated is falling.

  5. Thanks for the updates and guidance, Mike. Cool backdrop. Very pretty there.

  6. Looks good! Thanks Mike!

  7. Diluting the currency doesn't help anyone except the ones who get it first. It's called counterfeiting.

  8. @davetesorero4817

    Thank You Mike!

  9. Great location location location.

  10. drop? i thought the budget just got readjusted for net transfers to increase to 1.9t from 1.5t projected this year.

    can mike address the question of what are the limits of mmt? such as at what point could a certain quantity of net transfers become economically problematic? 10t? 20t? 100t? how much is too much?

  11. How is Mike still single ?

  12. @HoopsKevinski.

    Crap. We need a system with a money-creation source other than the gov-
    #OhWait.

  13. @financeeconomics1057

    It's a nice view from that spot. Looks peaceful.

  14. Hi Mike, have you thought about monetising your fiscal database? Kind of like what Benjamin Cowen is doing with his cryptoverse. A dashboard showing all sorts of metrics such as net government transfers each fiscal day, etc..

  15. So bullish now? Just trying to follow…last week or earlier this week I think you described flow as bearish.

  16. And we are higher now. I will turn back to bearish around the election month.

  17. Pull It!

  18. @kylejohnson4083

    Echo chamber comment section. I see you deleted my post … which contained no insults … only disagreements. Rich. May this this be a warning to Mike's message. Wow.

  19. Most people have to fake that background. Where is the pool? 💖

  20. @user-it1mc3nq7h

    ❤👁

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