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Some of this may be going on, but the problem goes back over 40 years. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Some of this may be going on, but the problem goes back over 40 years. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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New Economics Foundation writes Is the Labour government delivering on its promises?
Robert Vienneau writes Why Is Marginalist Economics Wrong?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
| Some of this may be going on, but the problem goes back over 40 years. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
grey background nice and simple is perfect more stimulus will still be required
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Good points, however what is up with the cries of inflation?
What is causing it? Supply chain issues?
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Mike I think you are right, I'm glad that Biden is doing infrastructure because it will put good wages into pockets that need the funds.
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I agree with you Mike. Other factors include women entering the workforce created a large supply of additional workers which suppressed wages. Automation and outsourcing manufacturing to low cost countries had a big impact too
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Biden to supply US economy with cheap (illegal) child labor to keep up with China.
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I agree said the same thing on my show
@SLAC leftist news you can also send him a direct message with his number for fast response
@People Make Gamēs ok do have that
Sorry do you have his number
@SLAC leftist news that’s his number up there ?? okay,,just copy out the number only and send him and direct text message or via WhatsApp
@People Make Gamēs I just another tweet message to Mr.Norman Inviting him on again
Businesses can't find people to work for slave wages. That's what I call a failed business model.
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It would help if business owners understood that wages are the primary source of profit. Even Henry Ford understood that.
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Most companies that are not able to find workers are the ones paying low wages. Google is not having problems finding workers. This is partially because their business model has much higher margins and profit per employee.
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If a government spends on infrastructure that creates a demanf for labour.
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Earnings are the mother's milk of the stock market and corporate earnings are favorable. Inflation is tepid based on the 30 year average. People need to calm down and listen to Mike. He has decades of Wall Street experience.
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Mike, you need to check these comments because I'm trying to access your site, and there is spam redirecting your site. This is costing you money, and damages in reputation for the new people that haven't been following your videos and podcasts like I have in the last few weeks.
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Capitalism itself is a disincentive to work. You either exploit, or be exploited. Why the fuck would I want to work more than the bare minimum for a bunch of thieving tyrants who want all the power/profit for themselves?
the legend! saw your interview RT Mike Norman: 'US debt is a myth!'
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A very strong, logical and insightful fighter. Respect from me, Mike!
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You've been on fire, and exactly on point lately.
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In the last 40 years, Governments' solution to industry's unwillingness to pay more has been to import it. However, this only works for a while, because second-generation immigrants are unwilling to work for unfair pay, just like everyone else born in the country. It's a shame that politicians are so short-sighted.
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What is the correlation, if any, between decades of keeping wages down, and social security? I postulate that is possibly why 'inflation' is a big part of Feds talking points, and targets?
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so you agree with me that disincentive to work is good?
@Meet Kevín Was your Youtube account hacked?
Don’t pay em and throw them into whatever underemployment Republicans are shooting themselves in the foot.