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Hysterical overreaction by monetarist zombies. Buy this dip. 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
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Hysterical overreaction by monetarist zombies. Buy this dip. 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
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Mike Norman writes Class
Mike Norman writes Episode 8 (S2) of the Smith Family Manga is now available — Bill Mitchell
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
Nick Falvo writes Homelessness planning during COVID
| Hysterical overreaction by monetarist zombies. Buy this dip. 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 |
Excellent ….
dan Aykroyd
Yes!!!!!
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'Trading places' and 'Office space' are my two favorite comedies.
trading places is a classic. "WE FOUNDED THIS EXCHANGE IT'S OURS!
You should make lesson videos so you don't have to repeat the same stuff over and over
Trading Places was a great movie. Jamie Lee Curtis was great in that as well.
Yeah. I love that movie. And like I said, I knew some of the traders in the floor trading scene. It's where I used to work.
@Mike Norman MMT Economics I loved the bit where all the traders burst out of the cubicles when the bell rang.
@Danger Zone Right?!!!
@Mike Norman MMT Economics Also in Coming to America there's a touching scene where Randolph and Mortimer are homeless living on the street. The Eddie Murphy character gives Mortimer a bag of money.
Agree 100% going higher at least short term
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Mike, serious question please…is there any level of federal govt deficit or federal govt debt level that is detrimental to the rconomy? I really want to know what you think…so don’t blow me off. Thanks
Of course he thinks that. Inflation can be a problem.
Joseph, I hope you don't mind me sharing my 2 cents. Since a deficit is spending more into the non-public sector than taxing it back out, then the concerns might be:
1) spending in a sector that doesn't have enough resources and capacity to produce/deliver with that spending. The result could be inflated prices, specifically for that sector. This could affect other sectors in a downstream supply chain.
2) another detriment is just spending on the wrong thing, such as spending into polluting sectors which will come to bite us later. Keep in mind a tax break for the wealthy is the same as spending. Big tax breaks for them doesn't help the majority of the economy and makes things worse with a spreading gap between the rich and the rest of us.
@Zybernetics I didn't ask what if…I asked at what level. Of course, he didn't reply. I'm done with him
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Don Amicci THE DUKES, "MOTHER always said you were the greedy one, she meant it as a compliment."
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when speaker of the house Nancy PepsiCola told Sleepy Jo Bidenovski to "buy the dip", Jo replied which flavour of dip should i buy?
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Eddie Murphy and Dan Ackroyd
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Mike is it possible you could do a video on Social Security
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Well, Mike is implying that we should have 200% Turkish style inflation just so we could have Spy go up 50%. I live in Turkey and I don't think paying 300$ monthly rent one year and 800$ the next year would be something americans would tolerate without resorting to mass violence. Cuz that's what we have here in Turkey. Sure, Turkish stocks went up 100% but at what cost?
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Do you have any thoughts on how markets are reacting to the upcoming election: who they're expecting to win or how they'll react to the results?
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buy the dip from yesterday and lose today ahahahahahaha
Yo, buddy, if you are a day trader it's better off you NOT watch my channel. That's not what I do.
@Mike Norman MMT Economics lol, yet fi we ended UP 500pts today, you'd come out with the all too common quote "See, I told you so".
Also, yesterday's video was "The next move is higher" Wrong again.
You're playing that childish game called "Heads I win, Tails you lose".
You've been "buying the dip since February and worse yet, shitting on those that stopped out along the way and didn't' add every day you told them to since it's impossible to do so with a finite sum of funds anyway.
The problem here Mike is you're honest about things only when it's convenient.
When pushed, you're nothing better and in fact a LOT worse than a buy and hold of an index, which is all you can claim with comment as yours, above.
You're a fool and a dishonest conman at best.
@Mike Norman MMT Economics the maverick of wall st got it right
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Mike, could you explain how bank loans fit into the equation regarding money creation, national debt and untaxed dollars? Why do banks issue Mortgage-backed Securities? When the Fed buys MBSs, is it money "unprinting", because the Fed holds the cash, and receives interest payments on them?
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Would anyone have thoughts about how higher rates may add more incentives to investors to switch from stock to bonds and treasuries. Might this contribute to more short-term selling of stocks as they switch assets? Why own stocks in a volatile market when you can get a decent and safe return with income funds?
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This is why we aren't done with the bear market.
WAAAAY too much hopium and easy wealth to destroy left.
When you guys finally wake up to reality, stop the negotiating and flailing and finally accept so we can flush… THEN we are bottom fishing.
Y'all just delaying the inevitable and losing money all the way down.
It's your money. Do as you will.
you are right these bulls are idiots they haven't realigned too frothing like pheening drug addicts
" . . . all the way down to ?
"The crisis now unfolding, however, is entirely different to the 1970s in one crucial respect… The 1970s crisis was largely artificial. When all is said and done, the oil shock was nothing more than the emerging OPEC cartel asserting its newfound leverage following the peak of continental US oil production. There was no shortage of oil any more than the three-day-week had been caused by coal shortages. What they did, perhaps, give us a glimpse of was what might happen in the event that our economies depleted our fossil fuel reserves before we had found a more versatile and energy-dense alternative. . . . That system has been on the life-support of quantitative easing and near zero interest rates ever since. Indeed, so perilous a state has the system been in since 2008, it was essential that the people who claim to be our leaders avoid doing anything so foolish as to lockdown the economy or launch an undeclared economic war on one of the world’s biggest commodity exporters . . .
And this is why the crisis we are beginning to experience will make the 1970s look like a golden age of peace and tranquility. . . . The sad reality though, is that our leaders – at least within the western empire – have bought into a vision of the future which cannot work without some new and yet-to-be-discovered high-density energy source (which rules out all of the so-called green technologies whose main purpose is to concentrate relatively weak and diffuse energy sources). . . . Even as we struggle to reimagine the 1970s in an attempt to understand the current situation, the only people on Earth today who can even begin to imagine the economic and social horrors that await western populations are the survivors of the 1980s famine in Ethiopia, the hyperinflation in 1990s Zimbabwe, or, ironically, the Russians who survived the collapse of the Soviet Union."
From: Facebook: The consciousnessofsheep
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Mr John david is the best, recommending him to all beginners who wants to recover losses like I did
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I just withdrew my profits a week ago, it was so shocking when I withdrew $32,450 knowing I invested $3,000. I wish I could reinvest but, too much bills
@Hayes b Thank you for this, Will definitely reach out to him. Thanks again
I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading