Mike Norman Economics

Ingenuity. If you can afford it.MarketWatchWalmart, Target, Home Depot and other large retailers are chartering ships to bypass supply chain problems. Will the strategy save Christmas?Tonya Garcia

Humorous analysis.Drastic (self-created) problems call for drastic (self-created) solutions. The "self-created" refers to Congress. It created the debt limit and also the legal basis for "the coin."Theater of the absurd.The International ForecasterIS A PLATINUM COIN THE SOLUTION TO OUR DEBT CEILING DILEMMA? (Is a Ridiculous Solution the Answer to a Ridiculous Problem?)Dave Allen for Discount Gold & Silver

Crude inventories at the highest level in month. Gasoline inventories at the highest level in 5 weeks. Distillate inventories at the highest level in 3 weeks. Where are the shortages? 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:...

Paul Robinson finds the UK media piling the propaganda on yet again, or better, still.The Brits have been in competition with Europeans and Russia even before the glorious days of the empire, and Russia in particular since Russia had its eye on India, considered the jewel of the empire. Traditions die hard.RTPandora Papers: Every US state-funded exposé on the lavish lives of elites is about Russia & Putin, even when he’s not mentionedPaul Robinson | Professor, Graduate School of Public...

It is worth relating this to MMT, because it helps to make clear why Marx’s notion of a money commodity causes no real difficulty, either for an MMTer wishing to take Marx seriously or for a Marxist wishing to take MMT seriously.heteconomistMarx, MMT, and a Currency’s Expression of Labor TimePeter Cooper

At present, Britain is still in the throes of a global pandemic that has devastated the nation. Last week, at Brighton, the key economic spokespersons for the TLP or the Tory-lite Party (short form, British Labour Party) told the voters of Britain why they should remain in opposition. They were sterling performances by the leader and shadow chancellor. Clarifying for all, the fact that the Party hasn’t learned much at all about their recent history. A history that has seen them lose 4...

Tom made this point here at MNE already 3 days ago…. #TellMeSomethingIDidntKnow… the laws the Art Degree lawyers have set up are in conflict… no bueno…White House/ other admin officials agree with Yellen. They see the coin as open to legal challenge — and thus likely to unleash uncertainty that would upset financial markets and damage the economy. https://t.co/rIjIXI8Eoa— Jim Tankersley (@jimtankersley) October 5, 2021

GOP has no demands… allegedly…WHOA! @LeaderMcConnell grows a pair!“Republicans' position is simple. We have no list of demands. For two and a half months, we have simply warned that since your party wishes to govern alone, it must handle the debt limit alone as well," McConnell told the Hill. Well said,Mitch— John Fredericks (@jfradioshow) October 5, 2021

It's been discussed before. The Fed would lend against delinquent Treasuries. But to whom? 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/

RTPandora papers just another tool for the West to interfere in developing countries, says Chinese state media bossZero HedgeTaiwan Informs Australia It's 'Preparing For War' As China Sends Record 52 PLA Jets Toward Island Tyler DurdenSputnik InternationalTaiwan Scrambles Jets After 52 Chinese Military Aircraft Fly Near Its AirspaceConsortium NewsConsortium News Is a ThreatJoe LauriaOne WorldWhy's The US Set Its Regime Change Sights On NATO Partner Georgia?Andrew KorybkoSouthFrontThe Entire...