Mike Norman Economics
Monetarist and FOMO buying keeping stocks elevated, but the market is highly speculative. 
Read More »Dow touches a record high, but pulls back.
Season 2 of our Manga – The Smith Family and their Adventures with Money — Bill Mitchell
Today (July 12, 2024), MMTed releases Episode 1 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. We have spent the last several months developing the storylines and graphics and Season 2 will run from today to December 6, 2024 with episodes appearing on a fortnightly basis.Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit …William Mitchell — Modern Monetary TheorySeason 2 of...
Read More »Thinking back 50 years to Nixon’s resignation.
Thinking back to President Nixon's resignation in 1974 due to the Watergate scandal, it almost seems juvenile by today's level of scandals. Nevertheless, Nixon resigned. (He would have been impeached by the Senate anyway, most likely.)Now we have a geriatric, senile old man who can't find his way off a stage or put intelligible sentences together and who is under pressure from his own party but won't step down for the good of the country. The total collapse of integrity and accountability...
Read More »It’s easy to spot intelligence or the lack thereof.
Just look for the many abundant contradictions. 
Read More »A late “melt up?”
A phrase I hardly ever use and here’s why. 
Read More »Don’t be fooled by the market averages and their daily records. 
Record highs are being driven by a handful of big cap stocks. The broader market is not doing as well. 
Read More »Warren Mosler Says US Is Spending Too Much — Bloomberg
BloombergOdd Lots Podcast: Warren Mosler Says US Is Spending Too MuchMAEIL BUSINESS NEWSPAPER Korea's No. 1 Economic MediaWarren Mosler warns of snowball U.S. fiscal deficit "There's no guarantee that high interest rates will bring down inflation".Yoon Wan SupMachine Translation
Read More »Eight raid cuts over the next 12 months?
That’s Citigroup’s forecast, and it could happen. 
Read More »Job number provides more evidence of an economic slowdown. 
Stocks will follow the economy. Be patient, and there were things to buy today. 
Read More »Modern Monetary Theory: Bill and Warren’s Excellent Adventure (video)–Promo — Bill Mitchell
Here is a short video about our new book – Modern Monetary Theory: Bill and Warren’s Excellent Adventure – which will be published on July 15, 2024.William Mitchell — Modern Monetary TheoryModern Monetary Theory: Bill and Warren’s Excellent Adventure – PromoBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
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