Mike Norman Economics

This Fed is so predictable. And it's fun to watch the zombies get whipsawed. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

Tax credits.OilpriceThe EU’s Response To Biden's Inflation Reduction Act Is Finally HereFelicity Bradstock Also at OilpriceGold Demand Soars To Hit 11-Year High In 2022

Advocacy journalism is a euphemism for propaganda.JonathanTurley.com"Objectivity Has Got To Go": News Leaders Call For End Of Objective JournalismJonathan Turley | Shapiro Professor of Public Interest Law at George Washington University

 To my mind, issuing consols as JP Koning suggests is the simple solution and to be preferred over the coin, which has no precedent and appears gimmicky. In addition, he points out that consols fir with existing Fed policy and operations whereas the coin does not.However, my preferred solution would be for the president to order the treasury secretary to ignore the debt ceiling as contradicting previous legislation without repealing it. Then there is also the Fourteenth Amendment. Short and...

This is a huge deal not because of avoiding sanctions but because of its impact on world trade, the global economy, the Global South and East, and the shifting world order in the direction of multipolarism. It is also a signal that India is taking its place on the world stage as a principal player. This is a huge deal for the world system and it represents a concrete reconfiguration of this system taking place at present. The Global North and West will likely work at disrupting this...

So the IMF has come late to the transitory inflation party. What was obvious months ago is now at the forefront of IMF forecasts. Better late than never I suppose. It is becoming clear that most indicators are still not predicting a major demand-side collapse in most nations. Growth has moderated slightly and the forward indicators are looking up. At the same time, the inflation data around the world is suggesting the price pressures have peaked and lower inflation rates are expected. Real...

It took me a long time to master, but once you get it (my process), you will NEVER buy pizza again. Guaranteed! Part 1 is making the dough. Hydration is EVERYTHNG!!!

ECB President Christine Lagarde lets the cat out of the bag.“As the sole issuer of euro-denominated central bank money, the Eurosystem will always be able to generate additional liquidity as needed,” Lagarde said in response to a question by an Italian member of the European Parliament.“So, by the definition, it will neither go bankrupt nor run out of money. In addition to that, any financial losses, should they occur, would not impair our ability to seek and maintain price stability....Alan...

There is absolutely no question in my mind that the Fed "leaked" information to insiders on what their policy decision will be tomorrow. Here's how to play it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....

In a mirror image of what the United States has been doing with semiconductor lithography technology, China has recently amended its rules to ban the export of several core solar panel technologies in order to maintain its leading status and global market share in the sector. A solar panel on a rooftop may include a hundred pieces of silicon and China has the lead now in machinery to manufacture those. Now Chinese manufacturers have been forbidden to use their large silicon, black silicon...