Sunday , October 13 2024
Home / Video / You can’t borrow my car if I don’t have a car. 

You can’t borrow my car if I don’t have a car. 

Summary:
The USA cannot borrow dollars unless the dollars are put there first. 

Topics:
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The USA cannot borrow dollars unless the dollars are put there first. 
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.

22 comments

  1. The government put the dollars there, or The Fed puts the dollars their?

  2. Thanks for your time and teachings Mike

  3. In finance you can borrow a car. You will just have -1 car in your books, and i will have +1 car in my book. In total there are 0 cars.

  4. You've been banging this stuff into our head for a long time… Thank you!

  5. dealing with "WOKE" 🙄

  6. @Hustle-Man-ForLife

    Mike, some of these internet trolls are weird.

  7. Thanks for the updates, Mike.

  8. Mike … "Like and Subscribe" had been said by many other channels for eons. I suspect underlying reason for them to say that is something else

  9. @matthewfranko8871

    Physical analogies just don’t work…

  10. Did you borrow a kitten for this video?

  11. Interest has to be paid on the "debt". That is deflationary.

  12. What about the zero bound

  13. Weird hearing birds instead of sirens in the background

  14. @jellebrinkhuis4004

    Did you update your target on Nvidia after you sold at 90 and bought back at 120? Mine is 250.

  15. 7:37 Another Monopoly tie-in: when the game has gone on all afternoon and the bank runs out of money, the rules state the bank is meant to create new money with scraps of paper SO THE GAME CAN CONTINUE. 😊 

    Secondary note: the designers could not determine, in advance, how much money was needed for the game

  16. ❤👁

  17. But why did the markets boom for so long with low interest rates if low interest rates are bearish?

  18. @youcanthandlethetruth6007

    WHO CARES ABOUT ALL THEIR CIVILIAN BULLSHIT…..the real question is WHY THE F*CK ARE THE EGG PRICES SO HIGH?

  19. So are u buying or selling here Mike?

  20. Is Mike micro dosing? I try hard to interpret but this is so esoteric

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