Mike Norman Economics

I loved the ELO's 10538 when I was young and I still play it occasionally today. For some of us, it's an amazing racket, a stunning cacophony, and an incredible song, but sadly they never made anything else quite like it.One guy on YouTube said it has one of the best intos ever, but I said it also has one of the best endings ever, which sounds like some massive grandfather clock grinding to a halt.The first video is the song itself, which is even crazier than the song, but the second video...

Rare backwardation in gold. Usually bearish over time. 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/

Up to last Friday I had been battling with the climate change deniers for weeks on twitter, but this week I'm battling with the Covid-19 conspiracy theorists instead. That includes Richard Werner, The Off-Guardian, Eva Bartlett, Vennessa Beely,  Peter Hitchens, and Piers Robinson, amongst others. I've posted a lot of articles by these people here in the past but now I wonder about their judgement. I saw more disturbing video footage today on twitter. It was from The Islamic Funeral Service...

As a keen cyclist I thought I might be better protected, but maybe that's not the case. I've had a mild cough for six weeks too.Coronavirus patients who live in cities with higher levels of air pollution may be at significantly higher risk of death from the disease, a new study finds. Coronavirus patients in areas with high air pollution more likely to die: research://t.co/xS0ONz5Pun

Once the vaccine is developed, it will take at least 90 days to complete the regulatory process and potentially more to enter the marketplace. Jerusalem Post  Israeli scientists: 'In a few weeks, we will have coronavirus vaccine'

So far charity is doing the heavy lifting... there has yet been ZERO fiscal response...Food Banks:Miles-long row of cars waits near Florida food bank as demand surges https://t.co/2yxlpN78cI via @MailOnline— Patrice Boivin (@PatriceBoivin) April 7, 2020 Apple Computer donating all the face shields:Tech giant Apple will reportedly produce 1 million face shields per week for medical workers, according to CEO Tim Cook. https://t.co/jmOVw8cYgA— Breitbart News (@BreitbartNews) April 7, 2020...

GlaxoSmithKline has announced plans to collaborate with China’s Xiamen Innovex on a potential vaccine to treat the COVID-19 coronavirus.GSK to collaborate with Chinese biotech on COVID-19 vaccine

Market is buoyant and banking on a big fiscal boost, but none happening yet. Trade and invest using MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

I immediately called one of my oldest friends in Kolkata, Tushar Roy, who is a chief manager for the Central Bank of India, one of India’s state-owed banks. He has worked as lead district manager for three years, coordinating among the central government, the West Bengal state government, and all the banks of the district, both private and state-owned, in setting up bank accounts for the unbanked. The holder of the account can access the DBT the government has made either through a branch,...

Prepping for the next round?FRBNY — Liberty Street EconomicsHow the Fed Managed the Treasury Yield Curve in the 1940sKenneth D. Garbade