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The federal government is making a killing!

Summary:
Collecting so much tax, leaving everyone's balances drained! This is a big problem. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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Collecting so much tax, leaving everyone's balances drained! This is a big problem.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.mmteconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/



Understanding the Daily Treasury Statement video course.

https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
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.

15 comments

  1. 𝗣𝗔𝗦𝟯𝟲.𝗙𝗨𝗡

    👆 – FIND YOUR LOVE HERE 💋👩k💑

  2. Mike – If inflows at the beginning and end of each month affected the markets, wouldn't you see markets rise more at the beginning of each month? As far as I know of, no one has ever drawn such a link.

  3. i mentioned some wks ak each tax drain spy makes a lower low and expect another low this time around.and the rebounds aren't making newer highs.

  4. didn't the trump tax bill have it where for 1 year or so there were middle class tax breaks but they would start going back up again in 2022 and after

  5. excellent

  6. what size swimming pool are you talking' bout migliore amico ???

  7. Mike the one thing i cannot wrap my head around is how does low interest rates equal to deflation (i.e Japan)

    I can understand how high interest rates can reflect in higher prices for goods and services but i cannot understand how low interest rates equal deflation. Wouldnt low interest rates incentivise spending and growth

  8. You got a remember, Mike that the bank of Japan doesn’t know what it’s doing either. It thinks it’s trying to raise prices by reducing rates.

  9. The pool has leaks

  10. Excellent points as usual. Always good to hear your analysis government spending.

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  12. Government is making a killing at gun point.

  13. Can't there be too many dollars in US system which will cause inflation ???

  14. When thinking about likelihood of recession, isn't the private credit growth/shrinkage something to consider?
    Maybe that's what 'people' are looking at?

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