by Summary:
Fed rate hikes are drains on its own income. I said this would happen all the way back in 2008. Not likely to affect their ability to conduct monetary policy, but wait until Congress finds out. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Fed rate hikes are drains on its own income. I said this would happen all the way back in 2008. Not likely to affect their ability to conduct monetary policy, but wait until Congress finds out. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Bill Haskell writes From the Middle Out and Bottom Up
Joel Eissenberg writes The business model of modern universities
Bill Haskell writes The Economics of Killing Medicaid . . .
Angry Bear writes Healthcare in the United States
| Fed rate hikes are drains on its own income. I said this would happen all the way back in 2008. Not likely to affect their ability to conduct monetary policy, but wait until Congress finds out. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
Thank You Mike
this may be why they waiting on QT. after watching recent biden speeches i decided its time to start investing in corp prisons cuz it seems they have this drive to start throwing ppl in prison for the same things they do and for wrong think while using fbi to fabricate white suprem cases…lol
You are so informative, and I'm in uk
I'm trading usd gbp
What's your feelings how that will go, the usd continues to rule
I copy trade with dreamfire52 and they just switched to long on GBP/USD. They think the USD has peaked.
The fed I believe created a rule to prevent itself from going bankrupt in 2011. I think they can create money if they need it.
The main point he’s making is that the Fed will not remit anything to Treasury.
Also, there’s no way the budgeting done in Congress can predict how much the Fed will hike, so the deficit can only get larger.
Mike with the pipes !!! Keep working them man !!
Great episode!
What about oil producers positions? Are they still long?
Hi Mike thanks for the video. Quick question, yes, I agree with you that interest payments are the same as giving out free checks into the economy. If Fed raises interest rates, psychologically, you would think more funds will move into treasuries. In essence, reducing the money supply in the economy, draining the pool. Based on this logic, I don't believe the interest payment is enough to offset the amount of funds that are moved into treasuries. In other words, it will still be a net drain. Do you agree with this? Thanks!
Thanks for the video, Mike. It's much appreciated.
The market likes to wait until the JP presser, right?
Mike's frustration from how the quote economists are talking nonsense is same as my frustration with politicians when I was much more politically interested years ago. I fell your pain, Mike.
Yea but Mike, if people are going cash to get interest payments, aren't they leaving equities ??
“There is nothing either good or bad, but thinking makes it so”
Fed raises rates = interest rate increases. This I understand. But I would assume prices have to come down too at a certain point to compensate. Am I right?
Fed flows down up is money out of the swimming pool. Interest rates hikes money in the swimming pool. Doest it make a difference in the economy?
Mike…if you were a fly on the wall at the treasury…you'd lose your mind. It would be all over for you. haha.
On a more serious note. You might be way too close to the mainstream environment. You repeatedly attribute to stupidity what ought to be attributed to malice. You were in new york during a repeated controlled demolition of your downtown area, yet when people try and get you to see the controlled demolition of our economy…we dont get much out of you. Who are these crazy people?…they are the ones that moved out of New york and got into crypto…nuff said
🤎💜💙💚💛🧡👁
Great work Mike!
Powell said raising rates until 2024.
Don't go anywhere we're planning on taking your course we are allocating time thank you for all your help Mike