Mike Norman Economics

Looks like “DEflation!” is not transitory…. ?Crude down 20% in 3 days.This must be the commodity supercycle I've been hearing so much about.— Travis (@coloradotravis) November 30, 2021 Mike covers today’s Fed moron’s policy shift to “non transitory!” from Powell on the EXACT DAY it became transitory… could not have timed it WORSE!….  funny…[embedded content]

On a day when it was never more clear that inflation was indeed transitory, Powell says he no longer believes it's transitory. 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/

Beijing leadership hopes data trading will propel the Fourth Industrial Revolution…The Exchange was a part of China’s “fintech infrastructure” that would focus on the cultivation of a data transactions market to unleash the value of data as a factor of production, said Beijing Deputy Mayor Yin Yong. The exchange would build an innovative transaction ecosystem by bringing together multiple parties including data source providers, algorithm participants, site participants, technical support...

Craig Murray, the former British diplomat, was sentenced to 8 months in prison for contempt of court during the 2020 trial of former Scottish first minister Alex Salmond. CounterpunchCraig Murray Is a Free ManJoe Lauriahttps://consortiumnews.com/2021/11/30/craig-murray-is-a-free-man/

These unsubstantiated releases claiming Malone is going to somehow now clean house at CNN are complete bullshit by DISCA bagholders… When John Malone speaks people listen.Why?Well he owns a huge chunk of your company's shares&when he makes a suggestion you better listen to him or be out. CNN's days in the left lane may be slowing down&or be @ a end.Hint to DJT:buy same # of Twitter & FB shares https://t.co/XHWZ0ZNIxs— Andrew Wong (@ayankeeoriginal) November 23, 2021

Yesterday (November 29, 2021), the Australian Bureau of Statistics released the latest – Business Indicators – for the September-quarter 2021. This dataset provides quarterly estimates of private sector sales, wages, profits and inventories. It provides a means of viewing exactly what has gone wrong with the Australian economy over the last two decades as successive governments have failed to prioritise general well-being, and, have instead, acted as agents of capital. There is a massive...

Virus fears calmed, but strong fiscal flows remain the underlying factor. 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/

War clouds in Europe yet again.The Vineyard of the SakerThe NATOstan Clown ShowPepe Escobarhttp://thesaker.is/the-natostan-clown-show/RelatedTASSRussia’s fears in view of NATO threats justified — experthttps://tass.com/politics/13680859740#Russian and Eurasian PoliticsPutin’s Plans for UkraineGordon M. Hahn | Expert Analyst at Corr Analytics, http://www.canalyt.com and a Senior Researcher at the Center for Terrorism and Intelligence Studies (CETIS), Akribis...

De-dollarization.Sputnik InternationalRosneft CEO: Russia-China Trade Turnover Creates Great Potential for Payments in Yuan and Rubleshttps://sputniknews.com/20211129/rosneft-ceo-russia-china-trade-turnover-creates-great-potential-for-payments-in-yuan-and-rubles-1091101815.html

Politics getting in the way of economics. Russia holds the cards.The continent is bracing itself for a difficult winter amid supply shortages and soaring prices. Industry leaders have warned of potential blackouts while skyrocketing wholesale costs are already being felt in the UK market – with over 20 firms ceasing trading since September….OilpriceRussia Warns The U.S. Not To Interfere With Nord Stream 2City...