Mike Norman Economics

Surprise surprise ChatGPT is a monetarist moron too:ChatGPT explains fractional reserve banking, as a surfer: pic.twitter.com/eS2l01OtTa— ChatGPT (@ChatGPTGoneWild) December 29, 2022 ie GIGO garbage in garbage out… its always been this way and always will... there is no such thing as "artificial intelligence!" its just another Art Degree figure of speech by these platonist trained morons who dont understand information systems... 

Collecting so much tax, leaving everyone's balances drained! This is a big problem. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

TradeDe-dollarization and breaking free of the West both politically and economicallyDevelopment of Russia, Central Asia, the Middle East, India, and China as an independent economic blocIndia PunchlineRussia, Iran open a trade route heralding a blocM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador

It’s Wednesday and also a holiday period, so just a few things today. First, I discuss a research paper that has concluded that central bankers have been using the wrong model for years which has resulted in flawed estimates of the state of capacity utilisation, and, in turn, created excessive unemployment. Second, we have a little Modern Monetary Theory (MMT) primer before going to the beach....Bill Mitchell – billy blogCentral bankers have created excessive unemployment for decades because...

The U.S. economy is back on track for "normal" economic growth, like we have seen over the past 30 years, and everyone hates that. That's not normal. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Moses the Jeweler on 47th Street https://www.instagram.com/mosesjewelry/?hl=en https://www.tiktok.com/@moses_jewelers/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics:...

Oil and gas producers are diversifying their funding sources.Energy asset securitization is a new type of funding that is quicking gaining in popularity. Oil and gas securitization offerings could be beneficial to both investors and producers, Daniel Allison, energy finance partner with law firm Sidley Austin LLP, said. OilpriceA New Type Of Oil And Gas Funding Is BoomingTsvetana Paraskova

See the comment that accompanies the cartoon. (It's short.) China is taking off the gloves.ECNS (Chinese official English news service)Comicomment: U.S. unilateralism, trade protectionism harm global tradeSee also at ECNSChinese cities issue vouchers to prop up consumer spending

Congress passed the $1.7T spending bill. Big spending increases are coming. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

The return of Lula and the challenges facing the Brazilian economy post-Bolsonaro, both domestically and in relation to geopolitics and geoeconomics with the heavy hand of the US in the background. In the larger picture, US hegemony means control of the world's resources, which means subjugating the large resources holders, Russia, China, Brazil, Indonesia, India, and the African continent — that is, most of the Global South and east — while keeping Europe in state of vassalage. This is the...

Headline trading with the monetarist zombies will not make you money. Play the intelligent game of going with basic conditions. It takes patience and discipline, but you will be rewarded. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....