Mike Norman Economics

While everyone has been selling, banks have been stepping up and buying Treasuries in a big way.

TurcopolierRUSSIA, UKRAINE ET AL: WHAT NEXT?Patrick Armstronghttps://turcopolier.com/russia-ukraine-et-al-what-next/Gilbert Doctorow — International relations, Russian affairs (dose of realism)Common sense and self-preservation go mainstream in Washington, D.C.: capitulation to Russian demands becomes discussableGilbert Doctorowhttps://gilbertdoctorow.com/2022/01/16/common-sense-and-self-preservation-go-mainstream-in-washington-d-c-capitulation-to-russian-demands-becomes-discussable/The...

Trump showing strong support as 2022 election year kicks off…  though still needs to get his own media thing going pronto…45 ARRIVES IN ARIZONA… pic.twitter.com/qbi65pBukI— Dan Scavino Jr.🇺🇸🦅 (@DanScavino) January 16, 2022

When I am asked whether I still consider the recent bout of inflation to be transitory, I say that transitory means as long as the pandemic disrupts the balance between supply and demand. Note: demand. I have been getting lots of E-mails telling me that Modern Monetary Theory (MMT) is a fraud because of the inflation spike and our denial of the demand (spending) involvement. Apparently, the data shows that large fiscal deficits and central bank bond-buying programs are always inflationary....

Accessible summary that covers the bases.New WaylandThe Job Guarantee - More Money, Less TaxNeilWhttps://new-wayland.com/blog/the-job-guarantee-more-money-less-tax/

Global Times (China)Biden admin loses control over Taiwan policy, mirroring loss of control at homeInterview with Zheng Yongnianhttps://www.globaltimes.cn/page/202112/1243564.shtml?id=12Global InequalityCapital: The explosion of Delhi —The metaphor of global capitalism as told by Rana DasguptaBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Stone Center on Socio-economic Inequality, senior scholar at the Luxembourg...

Why the conspiracy theory?  Why don’t these people just look at the regulatory position of the Depositories at that time?  Apply 8th grade algebra…Norton then asks Hudson “why was the Fed giving trillions of dollars to these large Wall Street banks. And why was there a liquidity crisis? That’s unexplained. LOL it’s been explained here at MNE a million times…. Wall Street on Parade BlogEconomist Michael Hudson Says the Fed “Broke the Law” with its Repo Loans to Wall Street Trading Houses...

An absolutely fascinating video, but it's a taboo subject! Perry Hullah is making poppy tea from the red poppies in his back garden as a cure for his hangovers. If he sticks to red poppies, it's not illegal. Perry Hullah seems to be pretty wealthy and has a very nice house in England, and his family seem to be a nice middleclass one, which all adds to the fascination. He has a lovely Northern English accent too. A very cheeky video![embedded content]https://youtu.be/Z7WO60unHww

 I put out the wrong video in the other post. I've corrected it now, but in case you missed it, and would like to see it, here's the correct one, which is much better. It's beautiful! [embedded content]https://youtu.be/dhkIai7O-V8

 Mussenden Temple is located in the beautiful surroundings of Downhill Demesne near Castlerock in County Londonderry. It perches dramatically on a 120 ft cliff top, high above the Atlantic Ocean on the north-western coast of Northern Ireland, offering spectacular views westwards over Downhill Strand towards Magilligan Point and County Donegal and to the east Castlerock beach towards Portstewart, Portrush and Fair Head.[embedded content]https://youtu.be/dhkIai7O-V8