Mike Norman Economics

MMT. (I am not kidding.)The sucking of billions or trillions of dollars is a feature of MMT and will cool down the economy, as people have less money to spend.…..You know, "...and then they attack you..."ForbesThe Reasons Why An IRS Agent Could Be Paying You A VisitJack Kelly, Senior Contributorhttps://www.forbes.com/sites/jackkelly/2022/08/23/the-reasons-why-an-irs-agent-could-be-paying-you-a-visit/

It’s Wednesday and some short items that caught my interest over the last week. The FAO’s latest – Food Price Index – shows that even though food prices fell 8.6 per cent from June (to August), “the fourth consecutive monthly decline”, they are still massive inflated (13.1 per cent higher than August 2020) and the “world’s top four grain traders” are profiting from record sales in the face of supply disruptions. The World Food Program informs us that 345 million people are enduring ‘acute...

A Son of the New American RevolutionU.S. Embassy Kiev Warns AMCITS To Flee Ukraine (Poking the bear is his lair is a dangerous thing to do. US warns of a Russian attack on Kiev and Lvov.)Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations...

[embedded content]Headlines, Again— EU on the Way Down. And It Is Spectacular. No, It Is Not SchadenfreudeAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he...

The trend of global "de-dollarization" is happening, but ironically it's boosting the dollar, not hurting it. 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/

[embedded content] Discussing Ukraine. Glenn Diesen interviews Scott Ritter and Alexander MercourisThe Duranhttps://youtu.be/fD44Eb1xDhE

[embedded content] Col Douglas Macgregor - Reinforcing Failure in UkraineJudge Napolitano - Judging Freedomhttps://youtu.be/5gSeR5eaueA

The Vineyard of the SakerWestern ruling elites have Dariia Dugina’s blood on their handsThe Sakerhttp://thesaker.is/western-ruling-elites-have-dariia-duginas-blood-on-their-hands/Awful AvalancheUkraine War Day #181: Dasha [concluded] ("Once it was seen that the counter-offensive was off, then the Zelensky regime had only two choices left: Either negotiate a surrender to Russia; or to go off the wall and become an outright terrorist...

[embedded content]The Russian offensive has begunCol. Douglas Macgregorhttps://youtu.be/y0UVliu5hWI

When you only understand or "see" one side of the dynamic you can easily get frightened. That sums up today's market action. 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/