Mike Norman Economics

Should see a market pullback mid-next-week. Everyone will blame the Fed, but the real reason is another big liquidity drain from quarterly corporate tax payments. After that, it's straight up until mid-September. 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/

The Vineyard of the SakerSitrep Operation Z: Denazification and Demilitarization by the hundredsAmarynthhttp://thesaker.is/sitrep-operation-z-denazification-and-demilitarization-by-the-hundreds/Moon of AlabamaBiden's Foreign Policy Is One Big Messhttps://www.moonofalabama.org/2022/06/bidens-foreign-policy-is-one-big-mess.htmlA Son of the New American RevolutionThe U.S. Dilemma–Pricey Weapons That May not WorkLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international...

It’s Wednesday, and we have some analysis and news and then my music segment for the week. Yesterday, the Reserve Bank of Australia (RBA) stunned the nation by pushing up interest rates by 0.5 points, claiming it was the responsible thing to do given that inflation was higher than expected. They then outlined all the factors driving inflation – none of which are going to be responsive to interest rate rises. Further, when one dissects the way in which interest rate rises work through...

Marijn A. Bolhuis, Judd N. L. Cramer, and Lawrence H. Summers released a NBER working paper “Comparing Past and Present Inflation” (link) which constructs a alternate CPI index that is comparable to the present methodology. Historically, the housing component was based on house prices and included mortgage rates — which meant that the housing component of CPI mechanically follows interest rates....Bond Economics Disinflation Needed A Lot Smaller Than Early 1980 CaseBrian Romanchuk

[embedded content]"Ukraine LOST WAR A Long Time Ago" - Col Douglas MacgregorThe Dive with Jackson Hincklehttps://youtu.be/0Paaa9fDNV8

[embedded content]June 7 RemarksAndrei 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 moved to the United States where he currently works as Laboratory Director in...

Market crash, recession, liquidity crisis, another Lehman Bros...YouTube is loaded with bears. Check it out. 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/

A Son of the New American RevolutionThe New Top Gun Movie Highlights America’s Incongurous Military StrategyLarry 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...

The Vineyard of the SakerSitrep Operation Z: Back into The Grind while the penny drops in EuropeThe Saker StaffHow blaming Putin is helping PutinDmitry OrlovMoon of AlabamaHow Russia Can (And Will?) De-NATO-size Europehttps://www.moonofalabama.org/2022/06/how-russia-can-and-will-de-nato-size-europe.htmlHow the West miscalculated its ability to punish RussiaAdriel Kasontahttps://asiatimes.com/2022/06/how-the-west-miscalculated-its-ability-to-punish-russia/Asia TimesUkraine – The Situation...

Economic doctrines, like the Modern Monetary Theory, which are quite popular, especially in times of crisis and recovery, can illuminate these issues further.In the midst of World War 2, British economist John Maynard Keynes once said: "Anything we can actually do we can afford."And, in his important book, How To Pay For The War, Keynes noted: "Coming up with the money is the easy part. The real challenge lies in managing your available resources — labour, equipment, technology, natural...