Mike Norman Economics

One technical issue that comes up when looking at consumer price indices is that the concept of a “cost of living index” comes up. This is a technical definition, as opposed to the vaguely defined notion of a “cost of living” that is used in popular discussion.In most of my writing, I aim to explain technical concepts and debates in plain English. In this case, I am not going to attempt it. My feeling is that the specifics of this technical debate are not going to be meaningful to a general...

They're putting reserves in, then turning right back around and taking them out. What kind of policy is that?

 Beta-sitosterol, a natural plant-derived supplement, reduced anxiety in mouse models, both in stand-alone use and in combination with Prozac.A Natural Food Supplement May Relieve Anxiety

"Our research showed that long-term consumption of a Western-style diet high in fat and sugar impairs the function of immune cells in the gut in ways that could promote inflammatory bowel disease or increase the risk of intestinal infections.”Science News Western Diet Causes Damage to Immune Cells in Gut, Study Shows

Well, the Melbourne virus outbreak has scuttled lots of plans and events. We wouldn’t be in this situation if the Federal government had have invested in dedicated quarantine facilities last year when they were told to and taken advice to ensure their vaccination purchases were sufficient. Anyway, that is for another day. Today, I have been examining European data and matching them against a recent interview (May 26, 2021) – Interview with Fabio Panetta, Member of the Executive Board of the...

What the hell is going on.#reverserepo data from @aRishisays feed.ht @DiMartinoBooth @tyillc @TheBondFreak @bondstrategist @MotherCabriniNY @homerixy32 @kimgits1 @VlanciPictures pic.twitter.com/DMVvUaocxm— Dave Loves Carnage (@dapstats) May 26, 2021 This is funny you have all these people (finally, we’ve been covering this here for years) talking about this but NOOOOOOBODY is asking why the Fed is doing this in the first place...  it’s as if all these people think the reserve balance...

Jews break down into three genetic groups, all of which have Middle Eastern origins – which are shared with the Palestinians and Druze.Confronted by the violence sweeping over Israel, it can be easy to overlook the things that Jews and Palestinians share: a deep attachment to the same sliver of contested land, a shared appetite for hummus, a common tradition of descent from the patriarch Abraham, and, as scientific research shows - a common genetic ancestry, as well.Haaretz.com Josie...

Fifty years of research on children's toy preferences shows that kids generally prefer toys oriented toward their own gender.For decades, studies have shown that boys and girls generally prefer playing with toys typically associated with their biological sex: toy trucks for boys and dolls for girls, to give a rough example.These results have remained remarkably stable over the past 50 years, according to a 2020 meta-analysis of research on gender differences in toy preferencesBig...

End run — with further ramifications: Iran can now disrupt shipping through the Straits of Hormuz without disrupting oil deliveries, giving it new leverage.OilpriceSanctions-busting Iranian Pipeline To Make First Shipment In JuneSimon Watkins

The crazies are out, and they're getting it wrong both ways. 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/