Mike Norman Economics

Backgrounder. The infrastructure for the proposed Turkish hub has not been built yet, or even agree upon.Sputnik International (Russian state-sponsored media)All Nord Stream Gas Volumes Could Be Redirected Via Turkish Hub, Gazprom SaysSee also at SIRussia's Gazprom: If Europe Imposes Price Cap, Gas Supplies Will Be Halted

The financial oligarchy ("the City") and the Deep State.The bill is coming due. Who is going to pay it?India PunchlineThe wasteland of British politicsMK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.

Fed rate increases crushing NPV of system regulatory capital:They are doing the same thing they did in September 2008 ie putting their own Depositories and Dealers into violation of their own regulatory capital requirements…  system is again getting close to failure mode:Bank of America, $BAC, is worried about bond market volatility and says risk of a 'crash' is rising, per CNBC.— unusual_whales (@unusual_whales) October 14, 2022 Why is the Swiss National Bank drawing $10 BILLION USD (last...

Repurchase Agreements or "repos" (and reverse repos) are discussed. 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

MMT.Geopolitika.ru (sanctioned by the US Treasury Department)Economist Professor* Warren Mosler: "Sanctions against Russia make no sense: with free Gazprombank it's as if they weren't there"Fabio Bonciani interviews  Warren Mosler, an American economist and entrepreneur, formerly a hedge fund manager; an activity that allowed him to fully understand the functioning of modern monetary and accounting systems of Central Banks and a State, upto developing those concepts that have led him today...

The U.S. should set a price cap on U.S. LNG going to Europe, as American gas is being delivered to Europe at prices four times higher than the price for domestic consumption, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian state television.“We would advise our US partners to set a certain cap price for the resources they are supplying to Europe. This only pushes Europe toward energy poverty,” said the Russian official who represents the country at the OPEC+...

The main plans that I discuss in these posts constitute two “families,” each with some antecedents and many subsequent related newer proposals. I think of them as Goudriaan/Graham/Hart-Kaldor-Tinbergen-type plans and Keynes/bancor/SDR-type plans....The world appears to be moving toward a set of conditions in which scarcity of real resources dominate for a variety of reason not the least of which is natural limitations on the use of carbon-based fuels owing to pollution and climate change. In...

Charles schools Ben.Short. Definitely worth a read from the MMT POV.Lars P. Syll’s BlogCharles Kindleberger v. BernankeLars P. Syll | Professor, Malmo University

GOP playing this perfectly:Biden's Latest Inflation Report Is The Worst Economic Data Seen In Our Lifetimes: 401k' are now 101k's: Too much munnie printing: Election too soon for Dems to do anythng about it....

All about the Fed's Central Bank Liquidity (Forex) Swap Lines. 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/ Forex swap lines posts on Mike Norman Economics https://mikenormaneconomics.blogspot.com/search?q=forex+swaps Federal Reserve Bank of NY Swap Lines data...