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This talk is going around again and it is getting louder and louder. 
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Mike Norman considers the following as important:
This could be interesting, too:
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| This talk is going around again and it is getting louder and louder.  |
Thought you were quitting bro
Mike, why is Argentina going through inflation problems? If it’s not higher interest rates, what is it? I genuenlly want to understand. If they lowered rates and contracted money supply, what would happen to the inflation rate? It should be a simple equation based on what you said here.
This is a great question mike I hope you answer it part of it is I don't think Argentina makes anything really do They export?Making their currency worthless. Yes I would love to hear him Comment on this
High interest rates gives a 'basic income' to those who already have money. When they spend that – which they have to in a hyper inflating economy – you get more inflation. It's that simple. If there is inflation you need less monetary flow or more supply. A well informed government would cut interest rates to zero, let the currency go where it will and then forcibly invest in productive assets by taking people away from consumption production as necessary.
I personally am grateful for emotional investors who panic buy and sell. There are also many CTAs which essentially do this, chasing momentum in the upside and downside. They panic sold like maniacs in October only to now panic buy last week…you know what that means
Dalio is a goofball LOL
Then, what does that make you?
Hit the like button guys
Mike, do you sometimes wonder why Austrian economist Friedrich Hayek never backed his ideas and theory on the open market?
Bc a true free market doesn’t exist for long if ever. People refuse to believe or see that MMT is occurring right now in front of their face while they think it’s a Hayek free market (which it’s not).
Save up sit back and go for some ice cream 🍦
And wait for the dip Perhaps nachos Would have been a better analogy than you could wait For the dip
You're the best mike thank you
I guess we can add Argentina as another state of the US. What is the problem with that?
Nice one Mike, thanks as always. Have a great Thaksgiving,
Good to see you sir, appreciate the value you put out compared to all the other crap on this platform.
❤❤❤❤❤❤❤❤❤❤✋👁
Just print some more $$$
I've found you long ago and I know you are quality Mike, you should try miniatures as video cover, similar to a book. Something like "We win" or "Watch the fiscal flows" or similar are catchy.
Even the best book on the planet needs a cover and it's 10' in paint.
Are you bearish argentine banks? I shorted them when you said the overall market was speculative. I covered when you said flows are bullish. These would have been a raging buy when you called the market bottom before halloween. Now theyre soaring on Milei?
Thank you Micheal, I appreciate the updates! 🙌🏽
Thank you Micheal, I appreciate the updates! 🙌🏽
I suspect most of these monetarists pundits and talking heads are saying things mainly for self promotion or advertising their agency or company. Media gives them the limelight because of negative comments, and these folks are taking advantage of it.
Great work as always Mike!
Mike have you considered rebranding, maybe shifting the message towards the trading masses? It might dilute your pure MMT focus but I wonder if more folks would tune in to stock specific concepts. Food for thought. Happy thankagiving!