by Summary:
Nervous Nelly's, a) don't understand and, b) freak out all the time.
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Mike Norman considers the following as important:
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Nervous Nelly's, a) don't understand and, b) freak out all the time.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
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Mike Norman writes Wishful Thinking
| Nervous Nelly's, a) don't understand and, b) freak out all the time. |
Thanks Mike.
Buy Bank stocks?
Thanks for the explanation Mike. I didn't even learn that in my Masters of Finance degree….Great job!
Mike is THE SHIT!!!!!!!!!!
You’re the first person I know to call out the fact that Volcker made inflation worse by raising rates. ??
Yup and Jimmy Carter attacked inflation by deregulation natural gas.
Got me some more TLT today you gotta love the sell off
I finally got some tlt too.
What's TLT?
Jack who ran for NJ Governor reminds me of you!
Big Mikey look good with a red shirt on
If you want both exposure to Gold and Crypto – Asia Broadband has developed a coin backed by the price of physical gold price. They are in the first steps to possibly become a household name in S.America countries like Venezuela whos currency and governement is done.
Going to $1,250 a month but get in now free 30 day trial!
Dude you sound like a used cars salesman.
Cringeworthy
00:13
da printing da fiat muney higher interest rates is inflationary
A nasty comment: I love hearing the the sirens! I enjoy your commentary and how you keep it real… Nice shirt! F the haters!
Taper taper! 3:00
Fed insider traders should go straight to jail, Powell should be fired, and the govt backed mafia fed should be dissolved, give money control back to treasury and stop the insanity.
Inflation is evil, punishes real people who work and contribute and rewards speculators who money shuffle.
Swiss bank printed money out of thin air, than used this hot air money to buy Boeing stocks, IE they become shareholders in a company with monopoly money, too much power end this system.
Again I like the helicopter view from Mike. However I doubt that the supply chain troubles are over. I think not soon. And I expect "unexpected" bankruptcies for companies in the
supply chain (huge problems) PLUS much higher energy prices. Fiscal flows or monetary policies cannot fix stupid…… (worldwide lockdowns and trying to adjust the atmospheres
temperature and so on)
Mike – The BoE are talking about raising interest rates today to 'tackle the increases in prices in the UK economy' but on the other hand they say this is transitory inflation of the back of the work economy opening up – as you said in the past. You're bang on about these people; they say one thing as do something else.
Yep. Rate hikes won't alleviate supply chain issues. Nor will they result in more oil and energy.
@Mike Norman MMT Economics – I meant to say that I liked your definition of vertical vs horizontal money when differentiating between bank credit creation and government spending. I'd never thought about it like that before. Great definition!
Quick question: When the Fed purchases bonds from the secondary market, how much do they typically offer as a premium?