Short intro to the Bank of Canada, which most people probably don't have a lot a familiarity with.Bond EconomicsBank Of Canada: Repo Printer Go Brrr!Brian Romanchuk
Read More »Re-Opening Narratives Too Short-Term — Brian Romanchuk
As expected, the internet and media is being flooded with re-opening stories, contrasting and comparing the situation in different countries or American states.... From the economic debate perspective, it is way too early to draw any conclusions.... Observed cases will follow with a considerable lag after the essentially random spreading incidents. We will not be able to draw any conclusions about the effects of policy changes (which only have a limited relationship to actual behaviour),...
Read More »Regulators temporarily change the supplementary leverage ratio to increase banking organizations’ ability to support credit to households and businesses in light of the coronavirus response
This dropped late after the close yesterday... in the PR business, if you want something to be overlooked in the news cycle, it is well known you release it late on a Friday after COB...They don't want to address this question: "Under very similar conditions, why didn't you do this same regulatory modification in September 2008?".... this is what they are trying to avoid hence the Friday evening news dump... because 1. they would have no answer and 2. it would demonstrate that they...
Read More »China
The Hindu (India) U.S. adds new sanction on Chinese tech giant HuaweiAP Zero HedgeUS Blocks Shipment Of Semiconductors To Huawei In Latest Procovation Of BeijingHere Is The Simple Reason Behind Trump's Escalating Feud With China Tyler Durden See also Sputnik InternationalChina to Take Measures against Apple, Cisco If US Continues Hitting Huawei With Sanctions - Report The Chips Are Up: Huawei Mass-Produces Mobiles With Mainland Chipmaker SMIC in Major Trade War Win Beijing Hands...
Read More »Caitlin Johnstone — Revolutionary Boiling Point, And Other Notes From The Edge Of The Narrative Matrix
Amen. Caitlin Johnstone — Rogue JournalistRevolutionary Boiling Point, And Other Notes From The Edge Of The Narrative MatrixCaitlin Johnstone
Read More »James Anderson — The era of modern monetary theory has arrived
Getting used to MMT. Investment WeekJames Anderson: The era of modern monetary theory has arrived
Read More »Modern Monetary Theory: The little-known consequence of the massive coronavirus bills — JD Rucker
The real existential threat to the United States isn’t what’s in the bill or anything else we’ve discussed. The real threat arises if we DO NOT crumble as a result. If the American spirit, our drive to recover, and the Grace of God allows us to make it through all of these bailouts without tangible repercussions, then Modern Monetary Theory will have been falsely proven to be effective. At that point, the end of America will begin. Say what? NOQ ReportModern Monetary Theory: The...
Read More »The Economics and Politics of Social Democracy: A Reconsideration — Servaas Storm
Weekend reading.Brave New EuropeThe Economics and Politics of Social Democracy: A ReconsiderationServaas Storm
Read More »Better get economy open. Leading data trending negative.
Second leg down risk is growing. Hopefully, these openings now start to lead to improvement. Trade and invest using the concepts and understandings of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/
Read More »Party of Science
Alleges via the figurative language of sarcasm the Artist James Woods.... “Party of science” pic.twitter.com/rEvsQHKRBW — James Woods (@RealJamesWoods) May 14, 2020 Same thing here: President Trump has failed to listen to science and we have all suffered because of it.Let's be serious and prioritize our health over the bank accounts of billionaires and large corporations. https://t.co/5sbBXTCvb8— Bernie Sanders (@SenSanders) April 21, 2020 Both f-ing platonist Art Degree morons...
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