Mike Norman Economics

Russia is a major metals producer and exporter. According to Institut Polytechnique de Paris, last year the country held a 13% market share for titanium production, 11.2% for nickel, 10.5% for platinum, 5.4% for aluminum, 4% for copper and 4.4% for cobalt. It is the world’s top producer of palladium, a rare metal used in car manufacturing, accounting for 37% of production in 2021.…Russia is not only a major producer of primary aluminum but it is also embedded in the global supply chains...

 Having posted review articles for the past couple of days I did wonder what I thought my most important post of the year was since many others seem to be working that theme at present. Somewhat randomly (meaning I did not go back and look at them all, and nor did I look at stats) I settled on this, which was published on the blog on 2 July 2022 having previously been on Byline Times:"Center-left" instead of "left"? It's simply moving the Overton window somewhat to the left after it having...

Mid-December tax drain has been recovered. It's a bull trend through February 15. 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

Today, I make available a video session that I recorded in Japan while I was working there in the latter part of this year. It sets out a range of interesting topics that form, in part, the research program that my colleagues and I at Kyoto University have mapped out to work on in the coming year. I hope that by the end of 2023 we will have advanced this program and perhaps will be able to stage some sort of event (Covid permitting) in Japan later next year to spread the knowledge....Bill...

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