Tuesday , November 5 2024
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How we gonna pay for it?

Summary:
0 bln for a defense funding bill. Done. No one asked, "how we gonna pay for it?" Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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$740 bln for a defense funding bill. Done. No one asked, "how we gonna pay for it?"



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman
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.

27 comments

  1. Somebody disliked this? Really? Crazy.

  2. Politicians have a hand in the weapon manufacturing companies’ pocket. Probably getting rebates from every transaction.

  3. Thanks for another great video!

  4. Yeah the government is so cash-strapped. The debt and the deficit if you haven't figured out this scam by now then you are beyond help. If you are one of those who still thinks your hard-earned tax dollars are paying for the government your way way way beyond help. Millions upon millions of people out of work and not paying taxes. Yet the money keeps flowing come on folks

  5. I think a good example of explaining MMT is just to point to Japan’s debt level to GDP, how long it has been that way, and what the Yen has done during that time.

  6. TRUMP gonna win. I bet the markets will LOVE that. Think of all the money they need to pump in after the DEM cities burn to the ground. Think NYC Mike. https://www.youtube.com/watch?v=i8qqJQkwTO4

  7. MIC at work!

  8. You tell em Mike

  9. How we gonna pay for it? FED chair…”see that top row on my computer keyboard?”

  10. Michael you should try going on other youtube shows and podcasts, I think they'll really appreciate your MMT expertise. You'll be surprised how many people don't understand these concepts

  11. Why don't you put out a video's about why everything cost so much, cars , food, houses, education, just about everything?

  12. That would be the real argument wouldn't it!!

  13. Green New Reset Shenanigans

    Federal government deficit = non government surplus. It's incredibly simple. It's no more complicated than year one school maths yet so many people don't get it. Are IQs going backwards for some reason. Is the human race devolving back into amebas?

  14. What do you expect? The Fed Reserve has to protect itself somehow. U can't spare money when it comes to ruling the world. Buy the new ammunition IPO which is gonna skyrocket. Ticker: POWW

  15. The stimulus package, so what are they arguing about? If the fiscal flows according to Mike are at record highs, why can't the government keep spending? Fed will monetize everything and deficits don't matter. What am I missing here

  16. guns or butter

  17. another difference between japan and US with money printing, USA is free world military power, this is the reason usd can be debased to zero purchasing power. When the rest of the world calls us out as argetina than game over.

  18. Great work Mike! Looking forward to next weeks MMT Report!

  19. how does this guy only have 5.6K?

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