by Summary:
Neurotic over a 25 or 50 bps cut.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Neurotic over a 25 or 50 bps cut.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Pepe Escobar —Date With Destiny–BRICS Offers Hope in a Time of War
Robert Vienneau writes Adam Smith On A Labor Theory Of Value
Asad Zaman writes Breaking boundaries in economics: Rediscovering the roots of welfare
Mike Norman writes BRICS plans ‘multi-currency system’ to challenge US dollar dominance: Understanding Russia’s proposal — Ben Norton
| Neurotic over a 25 or 50 bps cut. |
Can it be 41 bps cut, a prime number?
Mike where are you getting to fish/Beach/boat /party boats hope all is going well
Mike wears a dog tag because he thinks he served in the military.
He's fighting the monetarist army idiot 😊
Lolz
Sincerely appreciate the knowledge as always 🙏
People are going to be chasing yield and get FOMO before the shit hits the fan. That's how it always goes.
I check it every video and just noticed it looks like you've added a new link for cancalations on your website Mike, and that is AWESOME! THANK YOU. If it works that's all a lot of us were asking for. I can now with integrity recommend people to check the website out. Your service/product is worth it.
Great MMT Report this week! Always learning from you Mike!
If MMT is the root cause of inflation, why does it inflate everything other than the real economy? Ie. When will MMT take its boot off the middle class's throat?
Who in their right mind takes financial advice from cnbc?
Naive people like my father in the late 90s
Why is everyone assuming a rate cut?
I would recommend leaving the rates as they are.
Why?
2:05 "The rate increases resulted in over 1 trillion dollars in gov transfers". You're manipulating the numbers a bit there, Mike. The interest transfers, in billions by year, are as follows
2021 294.8 (before interest rate hikes)
2022 299.5 (additional $4.7b)
2023 373.1 (additional $73.6b)
2024 480.2 (additional $107.1b)
Thus, the increases have resulted in only $185.4b in transfers. However, the total interest on total debt between 2022 and 2024 is indeed over a trillion ($1.152.8T).
Anyone interested in MMT should be aware of Richard J Murphy on YT. Newish channel with short explainer videos on macroeconomics by UK professor. Concise and clearly explained. Could be good companion channel. Great show today called, "Why is modern monetary theory so important?"
I said this I said that hit me in the balls with a woffle ball bat