by Summary:
Be careful what you preach for it just might happen. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Be careful what you preach for it just might happen. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
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Matias Vernengo writes What is heterodox economics?
| Be careful what you preach for it just might happen.  |
Thank you for tackling the dumb.
There is method to this madness – tackle the debt – crash the economy- buy the assets on the cheap…
Yeah like when bill clinton sucked a boat load of money out and forced the banks to use mbs instead of treasuries knowing it would cause a housing bubble
Fishing tackle: Hook, line and sinker.
Exactly. Like Covid lock down, it’s another smash-and-grab by parasitic corporate and political elite. As the late great George Carlin put it: “They want more for themselves and less for everybody else.”
Everyone knows the Earth revolves around Trump.
The US could decide to try some Argentinian economics.
thank you Mike
I'm stuffed! 😉
I don't think they'll do it, I suspect this this is all lip service. Don't they have to say this?
TSLA isn't just a car company.
The fallacy of the Appeal to Authority.
Trump will crater the economy! 😂😂😂
love you bro
it's a death cult. cut the deficit and make puts great again
If the 100% tariff on Chinese electric cars was removed, BYD would put Tesla out of business. I don't get why you can be a fan on Trump and Musk, vote for them to run the government, while knowing all along that they will destroy the economy. You must want us to become a third world country.
do you watch greg mannarino
People spending has nothing to do with stocks
Oh really, so if people stop spending money on Teslas the price of TSLA won’t be affected?
@ nope
The "debt" is a liability with a real cost – it's called INTEREST. Keep believing in the Magic Money Theory.
Given the debt has 2x times lower interest than the real rate of inflation, the liability is actually with the bondholder.
The govt pays the interest the same way it pays for anything else, it creates the money.
That’s not a real cost. The real cost is the availability of goods and services. For example if the government buys the last ounce of copper in the world to make a bomb, the real cost isn’t the money it spent, the cost is that there’s no more copper in the world for anyone else.
@@simonkriznik3437 Right. So who wants bonds that only pay 5%?
Central banks buy bonds to manage interest rates and support economic stability, regardless of inflation rates. Governments hold bonds as part of their reserve assets to ensure liquidity.
Pension funds, insurance companies, and banks are often required by law or regulation to hold a certain proportion of their assets in "safe" investments like government bonds, even if the returns are negative in real terms. Institutions with long-term fixed liabilities (e.g., pensions) buy bonds to match the duration of their obligations. During periods of economic or geopolitical uncertainty, investors prioritize safety over returns, flocking to low-yield government bonds, such as U.S. Treasuries. Investors may buy bonds if they expect yields to drop further, as falling yields increase bond prices, providing capital gains. Some foreign investors buy bonds denominated in a currency they expect to strengthen, offsetting the low yield with potential foreign exchange gains. In countries with limited investment options, U.S. or European bonds are attractive despite low yields.
Tesla at 1.1$ trillion valuation with a net profit over 15 years at 40$ billion (including 10$ billion in carbon credits, subsidies, and tax breaks) makes as much sense as bonds at a 4% yield with a real inflation rate according to Shadowstats at 8%; return-free risk and certificate of confiscation.
Tesla valuation makes no sense to me.
Never trust an economist they are the worst at predicting the future, usually get it wrong more times than they get it right
I thot the debt wasa mainly in treasuries and if the govt pays off the treasuries they just change the amount from a treasury account to a reserve account at the fed. So they dont 'lose' that money. Its just in a reserve account now . Maybe making less interest but didnt go anywhere. Or am I just misunderstanding what Mosler said??
Should we be concerned our 36 trillion of wealth is slowly losing value? (inflation etc) TY
Defund the military? Shitcan social security?