Mike Norman Economics

Like I've been saying, super-strong fiscal support will keep the economy growing and market moving, but I've noticed some subtle changes. 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

Like I've been saying, super-strong fiscal support will keep the economy growing and market moving, but I've noticed some subtle changes. 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

Quantum information theory resolves the grandfather paradox but questions our belief in an objective reality. When down the pub with friends years ago someone might ask how did he know if any of us were actually here, he might be generating the whole reality? It was a popular thought years ago, that we might be living in a computer simulation. I always dismissed all this as nonsense, but perhaps we are all here, with each one of us creating our own reality. Physics keeps getting...

India. MMT is getting around.MoneyControl (India)What Modern Monetary Theory has to say about the US Fed's change of strategy Sashi Sivramkrishna

Joan Robinson quote. From the perspective of a philosopher, this is a good illustration of why philosophy of economics and philosophy of science, which focus on clarification of concepts, is foundational to the discipline.Lars P. Syll’s BlogThe capital controversyLars P. Syll | Professor, Malmo University

Well now we have a better estimate of how far short the Australian government’s fiscal stimulus was when they introduced the packages in March and April. Massively short is the answer. The latest data release from the Australian Bureau of Statistics of the – Australian National Accounts: National Income, Expenditure and Product, June 2020(released September 2, 2020) – is now recording the first three months impact on production and income generation of the lockdowns. The Australian economy...

Modern Monetary Theory (MMT) argues that the interest rate on the national debt for a monetary sovereign is a policy variable, not subject to whether bond markets “accept” or “reject” it. This paper defines measures of the components of the standard analysis of fiscal sustainability. It then methodically describes the Federal Reserve's operations relevant for understanding why interest rates on government debt in the United States have been and continue to be driven by monetary policy. A...

It's all about the fiscal flows. That explains the rally. It's not "disconnected" as many think. But a correction could happen, but you need this first. 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

It's all about the fiscal flows. That explains the rally. It's not "disconnected" as many think. But a correction could happen, but you need this first. 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