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Debt ceiling is a self-imposed constraint. Treasury is not allowed to run an overdraft in its account at the Fed. Meanwhile, all banks can. It's absurd. 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/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Debt ceiling is a self-imposed constraint. Treasury is not allowed to run an overdraft in its account at the Fed. Meanwhile, all banks can. It's absurd. 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/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| Debt ceiling is a self-imposed constraint. Treasury is not allowed to run an overdraft in its account at the Fed. Meanwhile, all banks can. It's absurd. 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/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
MMT is so cool
How so Joe?
Answering comments is an excellent move Mike this is great!
Mike – This is great – Thank You!! Just a quick question – Financials have been on a run; namely, XLF. Do you see that continuing throughout the year?
Mike I know I asked this before, but can you please do a video on your views on the 2008 financial collapse? Which policy is mostly to blame thanks.
Imagine if you had bought GEVO at $2.9 as I advised some month ago? It's still not too late even with the big gap up coming tomorrow.:) And my 1st advice to buy FCEL at $3? Phooof….
Mike, WTF are you talking about? Congress suspended the debt ceiling during the Obama administration, There is no debt ceiling anymore.
debt ceiling was never suspended source: https://en.wikipedia.org/wiki/United_States_debt_ceiling .
mike here ia Canadian MP discussing QE lol https://www.youtube.com/watch?v=jDBMOSfAi0A
Are the rules surrounding this issue arcane or archaic, or both?
If you only had one minute to talk to someone about MMT, what would you say?