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Mike Norman Economics

Alex Herne – Is Bitcoin a Scam?

 The experienced trader might be able to hedge his bets against inflation, but for everyone else, it's too risky, says, Alex Herne. In 2013 James Howells threw out a computer hard drive containing bitcoin. Last week he again asked his local council for permission to dig for it at his local dump as he believes it is now worth about £200m. The Guardian’s UK technology editor, Alex Hern, looks at the rise of bitcoin and whether it should be bannedThe Guardian Podcast Alex Herne - Is Bitcoin a...

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Doesn’t the debt ceiling "prove" the government must borrow?

Debt ceiling is a self-imposed constraint. Treasury is not allowed to run an overdraft in its account at the Fed. Meanwhile, all banks can. It's absurd. 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

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Links — 18 Jan 2021

RT — Question More (Doh)Despair, depression, and the inevitable rise of Trump 2.0Chris Hedges interviews Glenn GreenwaldSlate (Russia!)FBI Investigating if Capitol Rioter Stole Laptop From Pelosi’s Office to Sell to RussiaDaniel PolitiMintPress News (Speading freedom and democracy? No way)By ‘Force and Fraud’: Is This the End of the US Democracy Doctrine?Ramzy Baroud Sputnik InternationalLavrov: West's Reaction to Navalny Detention Meant to Distract Attention From Crisis of LiberalismSlate...

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Iran blames bitcoin miners for blackouts

Iran has launched a crackdown on cryptocurrency miners who it claims are responsible for power blackouts that are blighting the country.Parts of Tehran, the capital, and the cities of Mashhad and Tabriz have been repeatedly plunged into darkness in recent weeks, causing production lines in industrial areas to grind to a halt.Tavanir, the state electricity company, has temporarily closed all known cryptocurrency mines, including a huge Chinese-Iranian operation in the city of Rafsanjan that...

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US makes aggressive opening move on Russian chessboard — M.K. Bhadrakumar

US and allies make move to destabilize Russia using Navalny affair. Move to destabilize China already underway with HK, Uighurs, and Taiwan.A regime change project in Russia was launched on Sunday with the return of political activist Alexei Navalny to Moscow. It was a highly symbolic event — except that Navalny was travelling by an aeroplane from Germany and not in a sealed train [as Germany sent Lenin to Russia]....Top Kremlin officials had alleged in September that Moscow had definite...

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Rebekah Jones – Whistle-blower

 ‘Censored By The State Of Florida’: Fired COVID-19 Data Scientist Rebekah Jones Tweets On Day She Is Set To Turn Self In To Face New ChargeFlorida Department of Law Enforcement officials said Rebekah Jones has been under investigation since early November after someone illegally accessed the state’s emergency alert health system, warning employees “to speak up before another 17,000 people are dead. You know this is wrong. You don’t have to be a part of this. Be a hero.”Rebecca Jones...

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