In my study of economics, I have learned a bit about socialis Writing a book based on this outline is a years-long project. Some parts are not filled out in the outline because I know too much and my thoughts are unorganized (not that you might disagree with my emphasis and story). Others are not filled out because I know too little. I am aware I have spelling mistakes. Some needs to be reorganized....Thoughts On EconomicsAn Outline Of A History Of SocialismRobert Vienneau
Read More »ECNS — China delivers homegrown passenger jetliner to overseas client
The ARJ21, China's homegrown regional jetliner, was delivered on Sunday to Indonesian carrier TransNusa, marking the first time that China's jet airliner has entered the overseas market.…Developed by Commercial Aircraft Corp of China (COMAC), the ARJ21 regional aircraft has a range of up to 3,700 km. It can fly in alpine and plateau regions and is adaptive to various airport conditions.Nearly 100 ARJ21 planes have been delivered to its clients and in operation on 300 flight routes,...
Read More »Markets just gave you the optimal buying window.
The last 3 down days were the optimal window for buying. And BoJ surprises with an unexpected shift in policy. 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....
Read More »MMT answers — Richard Murphy
I got an email overnight that I could reply to as a private mail, or I could hide the identity of the person who sent it and reply here, sending them the link. I have chosen the second option as I suspect the questions are not uncommon....Basic stuff, but it is difficult for many people to get since they are programmed otherwise. In my experience (anecdotally), those who know little to nothing about economics and finance get the MMT basics of money creation pretty easily since it make sense...
Read More »Quick Indicator Comments — Brian Romanchuk
I just wanted to make two quick comments about data in the United States. The first is about a new rent series from researchers at the Cleveland Fed, the second is about labour data.Bond Economics Quick Indicator CommentsBrian Romanchuk
Read More »“What about Japan?”
Well… I’d say MMT people can’t use that figurative language any more… BOJ rather saying: “don’t fight the Fed!”…The Bank of Japan made a surprise decision to let the 10-year Japanese government bond rise as high as 0.5% from a previous cap of 0.25%The central bank had set a target range around zero for the benchmark government bond yield since 2016 https://t.co/HoGqut5Oyp— Nick Timiraos (@NickTimiraos) December 20, 2022
Read More »Debt ceiling could throw a wrench in the works.
It's the one thing I am worried about. 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
Read More »Xi of Arabia and the petroyuan drive — Pepe Escobar
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.The CradleXi of Arabia and the petroyuan drivePepe Escobar
Read More »Policymaking in a Pan(dem)ic — Stephanie Kelton
The case for stronger automatic stabilizers.The LensPolicymaking in a Pan(dem)icStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
Read More »Modi ignores West’s sanctions on Russia — M. K. Bhadrakumar
Clearly, the law of diminishing returns is at work in the continued weaponisation of sanctions against Russia. Indian business and industry should pay close attention to Modi’s far-sighted initiative on Friday....India PunchlineModi ignores West’s sanctions on RussiaM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.
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