Mike Norman Economics

A new feature on my channel. I will answer your questions. Please post questions you want me to answer in the comment section. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Today by Steven Grumbine, BeneficiaryGREAT NEWS!I was able to pass my oxygen test and will be released from the hospital today. I will be quarantined for 14 days upon discharge. Standing for 6 minutes by my hospital bed had me winded but I was able to keep my O2 levels at 94 which is insane compared to just a week ago. But I was out of breath and fatigued standing for 6 minutes. I still have a long way to go.Spoke to my boss who has been absolutely supportive and he told me "I know you want...

The Chapwood Index has become a popular source to cite by hard money proponents who are pushing the line that inflation is really much higher than what government statisticians suggest. It has taken over the limelight from Shadowstats, which pioneered that creating a website pushing that particular line. Although it is entirely expected that individuals can face cost of living increases that rise faster than official the CPI inflation rate, the levels of inflation suggested by the Chapwood...

 Paul Robinson dumps cold water on "the Russian connection" with events at the Capitol.For instance, those two women there "speaking Russian"?Browder and Miller tweets created the impression that the Malimon duo were Russians. “Of course” Russians were involved, Browder seemed to be saying. But what he and Miller failed to tell their followers was that the Malimons are, in fact, from Moldova. The Russia connection turns out to be no connection at all....RTCapitol Hill violence was not a...

Seems Section 230 of the Communications Decency Act of 1996 was intended to provide internet service providers some immunity from prosecution for the transmittal of porn by third parties on their services. Of late, Section 230 has been claimed to provide all sorts of immunity from prosecution from all sorts of transmitted content.These social media companies, particularly Facebook, have become obscenely rich transmitting content, a lot of which was much, much, much worse than porn. Content...

 The Signal protocol underpins WhatsApp's encryption, but Facebook's ubiquitous messaging service doesn't hold a candle to Signal itselfSince WhatsApp has changed its data collection policy Signal has become overwhelmed by a new influx of users, which has caused some temporary problems, but they say it will be sorted soon. 5. Hope  much can you trust Facebook?Perhaps the most compelling reason to use Signal is Facebook's long-standing lack of respect for its users' privacy. Facebook has an...

The extensive video evidence and crowds of people involved in yesterday’s mayhem give rise to a plethora of potential criminal charges against a large number of criminal suspects. Here, we spell out some of the potential federal criminal statutes that could apply to yesterday’s conduct. It's not intended to be an all-encompassing list and will likely grow as more reporting emerges about what exactly happened on Capitol Hill. Nor do we directly address President Trump’s potential legal...

 Bridgewater founder calls 2020 a ‘defining year’ for country’s financial markets“When you see the transition from one empire to another, from the Dutch to the British to the American, to me it just looks like that all over again,” he added in an interview with the FT in mid-December,.. Foreign investment has been lured into China by a combination of its recovery from the pandemic — which means its economy will have grown about 1.9 per cent last year, according to the IMF, even as developed...

This op-ed is substantially in agreement with what I said here several days ago. The Post WWII Era is over. The world is now in new territory. Interestingly also, this coincides with Brexit, too. A world led since WWII by the Anglo-American Empire is transforming.As an aside, a major purpose of the American-led trade war against China is to prevent Western capital flowing to Asia, which has been a growing trend. Part of this is "Bring the jobs home." But those jobs (investments) are simply...

Great story identifying the danger of the use of figurative language from Brett Farve....[embedded content]