Sunday , November 24 2024
Home / Mike Norman Economics / Bonds Pay For Themselves — NeilW

Bonds Pay For Themselves — NeilW

Summary:
I note that the Hard of Accounting are out in force again pushing their fallacious line that Taxes Must Rise because we decided to use government to save the economy in the face of a nasty pandemic.There must be Fire and Brimstone. The Sin must be Purged.Clueless idiots the lot of them - particularly those at the ironically named Institute for Fiscal Studies who really ought to know better. (If they do study Fiscal they don't do it very effectively).This is how it works in reality.... New Waylnd BlogBonds Pay For ThemselvesNeilW

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

I note that the Hard of Accounting are out in force again pushing their fallacious line that Taxes Must Rise because we decided to use government to save the economy in the face of a nasty pandemic.

There must be Fire and Brimstone. The Sin must be Purged.

Clueless idiots the lot of them - particularly those at the ironically named Institute for Fiscal Studies who really ought to know better. (If they do study Fiscal they don't do it very effectively).

This is how it works in reality....

New Waylnd Blog
Bonds Pay For Themselves
NeilW
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *