Strong fiscal and an expanding federal deficit providing liquidity. Next week's Fed meeting is already priced in. 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/
Read More »Michael Hudson — Is US/NATO (with WEF help) pushing for a Global South famine?
Is the proxy war in Ukraine turning out to be only a lead-up to something larger, involving world famine and a foreign-exchange crisis for food- and oil-deficit countries?Many more people are likely to die of famine and economic disruption than on the Ukrainian battlefield. It thus is appropriate to ask whether what appeared to be the Ukraine proxy war is part of a larger strategy to lock in U.S. control over international trade and payments. We are seeing a financially weaponized power grab...
Read More »Reality Dawns–Weekend Headlines of Importance, Reality of tangibles — Andrei Martyanov (video 24.28)
[embedded content]Reality Dawns — Weekend Headlines of Importance, Reality of tangiblesAndrei 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...
Read More »MMT Banking Primer — Jonathan Wilson
Download PDF.The Gower Initiative for Modern Money StudiesMMT Banking PrimerJonathan Wilsonhttps://gimms.org.uk/2022/06/05/mmt-banking-primer/
Read More »Bill Mitchell — US labour market weakens a little–it is madness to be increasing interest rates in this environment
Last Friday (June 3, 2022), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – May 2022 – which reported a total payroll employment rise of only 390,000 jobs and an official unemployment rate of 3.6 per cent. The US labour market is still 822 thousand payroll jobs short from where it was at the end of May 2020, which helps to explain why there are no wage pressures emerging. Real wages continued to decline as the supply...
Read More »June Options Expiration
If you are a monetarist you HAVE TO be bearish on the QT and have puts for June… HAVE… TO… And what % of people are monetarist? 99%?Goldman: June Op-Ex Is "A Literally Massive, Repeat Massive" $3.2 Trillion https://t.co/6TORc95IRX— zerohedge (@zerohedge) June 5, 2022 Open interest in SPY for June from a few days ago… everybody has Puts…BofA warning of “Summer of HELLLLLLL!”….[embedded content]All these monetarists are bearish on the QT as “banks won’t have money to lend out!” …Treasury...
Read More »Links — 4 June 2022 Part 1
A Son of the New American RevolutionU.S. Officials Admit They Have Lied About Ukraine Success and Russian FailuresLarry 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...
Read More »Biden pulled the rug out from under the market today.
Biden says he wants to cut the deficit and have Treasury pay down the debt. That's fast track to a major recession and market collapse. 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/
Read More »Links — 3 June 2022 Part 1
Gilbert Doctorow — International relations, Russian affairsHow the war will end…Gilbert Doctorowhttps://gilbertdoctorow.com/2022/06/03/how-the-war-will-end/Asia TimesUkraine – The Situation (June 3) (This analysis seems to be pretty accurate as far as I can tell and it indicates that Western militaries are quite aware of the situation, contrary to the propaganda in the Western media. It you are interested in details, see the Military Summary channel on YouTube or Rumble.)Uwe...
Read More »Links — 2 June 2022
A Son of the New American RevolutionWall Street Journal’s Latest Lame PropagandaLarry 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 (1984-1989)https://sonar21.com/wall-street-journals-latest-lame-propaganda/CaitlinJohnstone.comBiden’s Visit To Saudi Arabia...
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