Mike Norman Economics

Speaking like that is emotion and not analysis. 

Not MMT but relevant historically. How the world got here ((to dollar hegemony), as well as to monetarism, the accounting identity that is, as the basis of macro.  Adam Tooze is a historian rather than an economist, so he is able to shine a different light on the subject.ChartbookChartbook 310 The shock of the new: Dollar dominance and modern monetary macro in the 1920s. Adam Tooze | Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute

Get the report and check out this week’s outlook including oil.

Something happened after the 2022 Biden unprecedented rate increases to really crush (-32%) the EPS of the NDX100… 🤔With the implication that this one time discount after the unprecedented Biden rate increases in 2022 might be reversed if those said rate increases were to be reversed…

When the narrative changes every day to justify the direction of the market averages. 

It’s not coming back. This is a fake out. 

MMT.Daily KosAn Economic program for Kamala that will benefit everyone, and win the Presidency in November! John Rudden

This is a window where you want to be raising cash. 

There is some commentary emerging that is finally starting to question the reliance on monetary policy (setting interest rates) as the primary macroeconomic policy tool with fiscal policy forced into a passive role. In Australia, this debate has intensified in the last week following the hubris from the new Reserve Bank governor, who thinks her role is to sound like a ‘tough guy’ dishing out threats of ever increasing interest rate rises even as inflation falls. There was an Op Ed in the...

That government transfers, year-over-year are falling further. Guess who’s selling?