Mike Norman Economics

The Fed told us that it was not going to raise rates and I TOLD YOU that bond yields would fall. 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/

 Jeff Bezos net worth - 186.2 billion USDElon Musk net worth - 151 Billion USD Bill Gates net worth - 126.7 Billion USDMark Zuckerberg net worth - 119.7 billion USDThe universe has been in existence for roughly 14 billion years.

I have been working on an article that will come out in the press soon on inflationary pressures. It is obvious that characters like Larry Summers and Olivia Blanchard are trying to stay at the centre of the debate by issuing various lurid threats about the likelihood of an inflation outbreak in the US and elsewhere. Last week, the Financial Times published an article (June 3, 2021) by the former German Finance Minister and now President of the Bundestag, Wolfgang Schäuble – Europe’s social...

The U.S. was the only country on the list with more guns than people and had more than the next 25 countries combined as the Agence France-Presse reported Americans Have 40 Percent of the World's Guns Despite Being Four Percent of Population, Report Shows

According to the researchers, the cell will probably need $5 of electricity to extract 1 kilogram of lithium from seawater. This means that the value of hydrogen and chlorine produced by the cell would end up offsetting the cost of power, and residual seawater could also be used in desalination plants to provide fresh water....OilpriceScientists Find Cheap And Easy Way To Extract Lithium From SeawaterMining

Dependency and world-systems theorists have long argued that “unequal exchange” is a key driver of global inequality. Since wages and natural resource prices are much lower in the global South than the North, poor countries must export many more units of embodied labour and resources than they import in order to achieve a monetary balance of trade. This creates a constant transfer of labour and ecology from the periphery to the core, developing the latter but impoverishing the former.In a...

She's clueless. Lacks understanding that rate setting is price setting and a fiscal operation. 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/

It seems that Nicholas Wade is playing politics and spreading propaganda rather than doing science. Despite Wade’s journalistic pedigree, close reading of his latest essay on the origins of COVID-19 reveals a poor adherence to reporting standards, investigatory lapses and major biases, and insistent mis-representation or outright falsehoods, leading to erroneous and unsupportable conclusions. Wade concocted a story of false improbabilities — he arbitrarily states conditions: “What if the bat...

[embedded content]Potholer54 - Unravelling China’s "sinister plan" to "unleash coronaviruse"

 In the coming days, the World Socialist Web Site will do everything in its power to warn working people all over the world about the right-wing witch-hunt against the world’s leading experts on infectious diseases. We stand ready to work with scientists in defending a scientific approach to the pandemic, which is critical to saving lives. Working people, who are the target of the ruling class’s herd immunity policies, must come to the defense of scientists who have sought to arm society...