Mike Norman Economics

Franko is a contributor to my blog and has come up with many new insights on the Fed, monetary policy and markets. We discuss.

Prices should come down the pump even more, and these aren't the only commercial inventories that will rise.

One day he tweets higher rates will drive inflation. (Which is correct, and miraculous he got it right.) Then the next day he says the Fed won't raise rates enough to squash inflation.

What's happening now in response to the Fed's policy shift is the exact opposite of what investors believed would happen.

This has all the earmarks of a US led color revolution.

In a recent tweet Schiff says higher rates by the Fed will fuel inflation. This is a reversal of his long-held stance that low rates (i.e. "cheap money") fueled inflation.

You can watch in real time now as the deficit shrinks, and what that means.

Balance sheet operations are relevant only in how they affect the composition of dollar assets in the economy. Other than that, nothing.

First-of-month spending boosts flows. But full picture is still uncertain. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Everything you wanted to know about Australia's external position.MacrocosmAustralia's Magical Balance of PaymentsPhilip Pilkingtonhttps://macrocosm.substack.com/p/australias-magical-balance-of-payments