Mike Norman Economics
This may surprise you. Watch to the end. 
Read More »My view on the “end” of the petrodollar.
Print Money in Structured Manner to Plug Deficit Instead of Raising Taxes, Economist Tony Mwiti Advises Kenyan President William Ruto — Muyela Roberto
MMT without naming it.Tuko (Kenya)Print Money in Structured Manner to Plug Deficit Instead of Raising Taxes, Economist Tony Mwiti Advises Kenyan President William RutoMuyela Roberto
Read More »Trump floats concept of eliminating the income tax and replacing it with tariffs
Even libertarian douchebag and alleged STEM degree Massie on board…. Would need a big GOP sweep to get it passed….I guess the tax elimination is going to over ride the debt doomsday thesis of these libertarian morons in their pea brains…. Hard to understand how their brains work….I’d take it… we could get rid of the tax but they would still be stupid…Can’t have everything…👍Most intriguing policy idea from the GOP meeting at the Capitol Hill Club this morning:Trump briefly floated the...
Read More »You may hate it, but the market environment is still bullish.
Except for a tax train next week, the bullish trend will continue as fiscal flows remain strong. 
Read More »IMF: Dollar’s “stealth erosion” in global reserves by other currencies—Serkan Arslanalp, Barry Eichengreen, Chima Simpson-Bell
Taking a longer view, over the last two decades, the fact that the value of the US dollar has been broadly unchanged, while the US dollar’s share of global reserves has declined, indicates that central banks have indeed been shifting gradually away from the dollar.BNEIMF: Dollar’s "stealth erosion" in global reserves by other currenciesSerkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell
Read More »Inflation report and Fed meeting this week. Prepare for volatility. 
Fed says it is “puzzled“ as to why it’s policy is not having an effect. 
Read More »Classic monetarist reflex selling of the market today.
A strong economic number, jobs, and monetarists sold the market. 
Read More »MMT — the key insights — Lars P. Syll
As has become abundantly clear during the last couple of years, it is obvious that most mainstream economists seem to think that Modern Monetary Theory is something new that some wild heterodox economic cranks have come up with. That is actually very telling about the total lack of knowledge of their own discipline’s history these modern mainstream guys like Summers, Rogoff and Krugman have.New? Cranks? Reading one of the founders of neoclassical economics, Knut Wicksell, and what he wrote...
Read More »Inverted yield curve insanity.
More than five years in, no recession and growth still strong, they’re still saying the inverted yield curve is forecasting recession. 
Read More »Today was a great day in the market.
To practice self discipline.
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