Mike Norman Economics

It’s budget day here in the UK, and traditionally that means commentators write what they would do instead. Here’s the MMT view. New WaylandBudget Day 2021NeilW

My latest book Modern Monetary Theory and the Expansion will be released on March 11, 2021 in e-book formats. It is available for pre-order at Amazon, Kobo, Apple, and others to be added. The paperback edition will be available in about a month....Bond Economics Modern Monetary Theory and the Expansion: Ebook Pre-OrderBrian Romanchuk

This account balance was planned on Feb 1st to be reduced by $800b by end of March... so ofc they have only reduced it by $100b in 4 weeks... if they are still planning (moron journos? Bueller?) on hitting the $800b balance by end March then they going to have to reduce it by the remaining $700b in 4 weeks...

You knew this was going to happen.... "screw the banksters!".... now we have to see if Dems let her win this one... Senators Elizabeth Warren and Sherrod Brown urged U.S. regulators to reject banks’ requests to extend an easing of capital requirements https://t.co/YJCkVu1SJs— Bloomberg Economics (@economics) March 2, 2021

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Backgrounder.The Vineyard of the SakerPutin, crusaders and barbariansPepe EscobarSee alsoIn my view, Amnesty rightly denied to recognize Navalny as a "prisoner of conscience" since his past behavior and previous statements reveal that the man has no conscience. He is an opportunist rather than a defender of rights.But more significantly from the political standpoint, polling backed by a record of  poor performance in elections in which he participated show that he has very little support in...

Art Degree Summers digging in.... as he should....Will inflation make a roaring comeback this year?"We're going to be dealing with the most serious incipient inflation problem that we have faced in the last 40 years," says former Treasury secretary Lawrence H. Summers.https://t.co/Ser68tMcTU pic.twitter.com/IgNzMCrJTH— Bloomberg TV (@BloombergTV) February 27, 2021

This is what they last said they are going to do:Next quarter they are estimating $393B of additional USD savings but are only planning on providing an additional $95b of UST securities accounts ..... and zombie morons are currently thinking “hey! what if China doesn’t lend us the money!?!?”..... FTR.

LOL how about you don’t use the dialogic method in the first place that’s how.... you use the scientific method...  How does one learn from people one disagrees with?— Tim Allen (@ofctimallen) February 26, 2021