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Mike Norman Economics

Powell thinks he can raise inflation with low interest rates. He can’t.

Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. 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

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Powell thinks he can raise inflation with low interest rates. He can’t.

Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. 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

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Greyzone – Col Lawrence Wilkerson: US protects global empire during pandemic, not its own population

A good interview. Col. Lawrence Wilkerson, former chief of staff to Colin Powell, discusses the connections between the global US empire and the record US death toll during the coronavirus pandemic. "We're really not doing anything very well or right, and that's a consequence in part at least of our fascination with an attempt to maintain and even expand this empire that we've created since 1945," Wilkerson says. He also discusses the breakdown of US-Russia talks on expanding a key nuclear...

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GM Sells 15,000 Low-Cost EVs For China In First 20 Days — Raphael Orlove

Automobiles with Chinese characteristics — functional and  low price point. They will likely never be seen in the US. The down market in the US is used.JalopnikGM Sells 15,000 Low-Cost EVs For China In First 20 Days Raphael OrloveSee alsoA Chinese company ventures where GM is so far reluctant to go. The vehicle built to US standards are far more expensive than the models built for China.OilpriceChina Looks To Dive Into The American EV MarketSafehaven.com

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Robert Parry – A Family Business of Perpetual War

The bipartisan Military-Industrial Complex in action.Exclusive: Victoria Nuland and Robert Kagan have a great mom-and-pop business going. From the State Department, she generates wars and from op-ed pages he demands Congress buy more weapons. There’s a pay-off, too, as grateful military contractors kick in money to think tanks where other Kagans work, writes Robert Parry. By Robert Parry Neoconservative pundit Robert Kagan and his wife, Assistant Secretary of State Victoria Nuland, run a...

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Definitive Eurasian alliance is closer than you think — Pepe Escobar

We have seen how China is meticulously planning all its crucial geopolitical and geoeconomic moves all the way to 2030 and beyond.What you are about to read next comes from a series of private, multilateral discussions among intel analysts, and may helpfully sketch the big picture.… The Unz ReviewDefinitive Eurasian alliance is closer than you think Pepe Escobar

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Defend Democracy Press — US Sanctions Russian Defence Ministry Research Institute That Worked on COVID-19 Vaccine

The US has gone as far as to claim that the listed institutions are working on chemical and biological weapons.… Russian Health Minister Mikhail Murashko stated that all the foreign criticism was provoked by the fear of fair competition and slammed the accusations as unfounded.  National security or anti-competitive? Defend Democracy PressUS Sanctions Russian Defence Ministry Research Institute That Worked on COVID-19 VaccineSee alsoSputnik InternationalThree More COVID-19 Vaccines Being...

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