Mike Norman Economics

2% cumulative over last 8 months … who cares… ofc Art degree monetarist zombies freaking out over their figure of speech “inflation!”… losers…

Setting aside the psycho monetarist zombie reaction that sold the market off late, these interest transfers are really starting to ramp up. 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....

Video and transcript.Geopolitical Economy ReporInside Latin America’s new currency plan, with Ecuador’s presidential candidate Andrés Arauz Ben Norton interviews Andrés Arauz

I almost, no, I DID, get pissed off making this. Please watch.

On February 14 a high ranking NATO source, cited by Bloomberg, warned that NATO members were preparing plans for the alliance to involve itself in multiple conflicts simultaneously - including conflicts beyond its traditional areas of responsibility. During meetings in Brussels on February 14-15 NATO Defence Ministers will sign a classified guidebook containing plans of action for "high intensity" conflicts and conflicts "beyond the area of responsibility" of the alliance, which will include...

It’s Wednesday and a lot is going on. The RBA governor appeared before the Commonwealth Senate Estimates Committee today and demonstrated what a troglodyte he is, defending massive bank profits and deliberately trying to cause unemployment. Meanwhile, US data shows that inflation has peaked and is now falling. The pace of the deceleration is picking up. Meanwhile – MMTed – is active and our 4-week course began today (see details below) and we are helping a new radio show to launch next week...

FTSE keeps making new all time highs… hard to understand vs US stocks which remain discounted ….  🤔 BOE has been significantly increasing UK risk free rate also…One difference between the US and UK systems is that BOE never did very much QE in the first place and perhaps more importantly doesn’t count BOE liabilities to UK banks against the banks regulatory total asset constraints…May be allowing UK banks to apply higher prices to these financial assets vs. otherwise…

Here's what you need to know (and tell you friends, colleagues) about money printing and inflation.

I have a new paper on how we conceptualize the supply side of the economy, coauthored with Arjun Jayadev. I presented a version of this at the Political Economy research Institute in December 2022. You can watch video of my presentation here — I come on, after some technical difficulties, around 47:00. (The other presentations from the conference are also very worth watching.) The paper will be published in the upcoming issue of the Review of Keynesian Economics. (The linked version is our...

Tell me what you think. Honestly. I want to know.