Mike Norman Economics

“I leave aside the deeper concern that the primary role of mainstream economics in our society is to provide an apologetics for a criminally oppressive, unsustainable, and unjust social order.”Zero HedgeSenior Fed Economist Slams Economics As "Arrant Nonsense", Hints It Perpetuates "Criminally Oppressive, Unjust Social Order"Tyler Durden

Longish and detailed but probably everything you need to know about GOF research. MintPress NewsLab-Leak, Gain-Of-Function, and the Media Myths Swirling Around the Wuhan InstituteJoshua Cho

Commercials in gold and silver hold the smallest short position in years, while speculators are moving toward being net short for the first time in years.

 The plan was never approved, but they asked British security for help, so it seems they would have done it if they thought they could get away with it. Shooting the wheels of a plane to cause it to crash would have killed more than just Julian Assange. BRITISH spooks remained tight-lipped today after questions posed by the Morning Star over an alleged CIA plot to kidnap and assassinate Wikileaks founder Julian Assange in London.MI5 did not respond when asked what it knew about the plans to...

Ticking timebomb.Sputnik InternationalIran Denies IAEA Access to Karaj Nuclear Facility Due to Ongoing Sabotage ProbeRTUS tells Iran to give UN atomic watchdog access to centrifuge components workshop, or face ‘response’NewsweekIsrael Prepared to Act Alone to Keep Iran From Nuclear Weapons, Prime Minister SaysRelatedElijah J. MagnierIran’s action is pushing Syria to be embraced by the Arab and international communityElijah J Magnier

Jeremy B. Rudd caught a fair amount of attention with his recent discussion paper “Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)” The text has a lot of zingers that post-Keynesians would write, but Rudd is in fact a researcher with the Federal Reserve.The paper is an interesting survey of how “inflation expectations” worked their way into neoclassical economic dogma....Bond EconomicsRudd Inflation Expectations ArticleBrian Romanchuk

I view this as a manifestation of the dominate historical dialectic of this century, traditionalism versus liberalism and decolonization, affected by climate change. The foundation of the social and political conflict in the US is not so much economic as it is driven by the paradox of integrating liberalism with traditionalism. Liberalism was dominant for an extended period and now the pendulum is swinging the other way, exacerbated by the demographics — America is now transitioning to a...

Is this a turning point for the world order? Alastair Crooke explains why this is so.Strategic Culture FoundationThe China Cold War Will Unstick America’s GlueAlastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacySee alsoThis is an incredible strategic blunder, to the point of being irrational. It is only explicable based on emotion supervening on reason, which is what hubris...

Steaks with some mental game.

ECB and BoJ are doing the same thing, even bigger, but no inflation, and critics are silent in these cases. You have to be consistent. 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/