Mike Norman Economics

2.9 C. TruthoutNew UN Report Predicts Catastrophic Rise in Global Temperatures by 2100Jake Johnson

Large scale QE often causes banks to come in conflict with required leverage ratios. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.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

I'm getting familiar with this new coffee roaster I got. Nice roast quality. Hottop BKN-8828B-2K+ https://www.hottopamericas.com/

Lots of numbers. Basically, a call for more urbanization.Sixth Tone (China)The Next Era of ReformNie Riming

U.S. President Biden has three key strategies in place to lower oil prices.The first and foremost strategy is the implementation of the NOPEC bill.The second pillar of the plan is to release more crude from the U.S. SPR.The third element of the plan to bring oil prices down is to be a concerted effort to encourage U.S. oil firms, shale or otherwise, to increase their production.OilpriceU.S. Accelerates Three-Tier Plan To Reduce Oil PricesSimon Watkins

Making plans for a self-induced crisis thanks to the Fed. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.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 buyer's cartel bombs out of the gate. Europe, the UK and the US no longer have the clout. Getting used to it will be painful and may involve lashing out.OilpriceRussia [Gazprom] Warns Europe: Natural Gas Price Cap Means Full Supply Cut-OffSimon Watkins.

Another person with a straw man argument "proving" MMT is wrong. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.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

Imagine a new democracy imposes taxes on itself; the tax-credit is then spent, taxed back, thus provisioning public goods in the process.Not all spending is taxed back, thus the public has savings of tax-credits.Why would it make sense to pay more tax-credits to those holding tax-credits?....ClintBallinger.comWhen are payments to holders of the tax-credit by the state ever a useful policy?Clint Ballinger

Boris Johnson has dropped out of the leadership race in Britain. Word on the street is that this means that Rishi Sunak has all but gotten the job. Sunak has long been the City of London’s candidate, having held a career in finance before he became an MP. He started as an analyst at Goldman Sachs and then moved into hedge funds. By all accounts, Sunak is a smart chap who understands markets.Already the chatter has started that Sunak’s tenure is going to be less a government than a...