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Philly Fed president Patrick Harker may help implement monetary policy, but certainly doesn't understand it. 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/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
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Philly Fed president Patrick Harker may help implement monetary policy, but certainly doesn't understand it. 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/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
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| Philly Fed president Patrick Harker may help implement monetary policy, but certainly doesn't understand it. 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/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes |
You are brilliant Mike you can see behind the veil of corruption and controle
Keep them poor and easy to controle
@Dreamfire52 MMTer have been saying that inflation is caused by supply chain disruption we are right they then said that interest rates go up would make things worst because interest rates make the cost of all goods and services go up through loans buisness loans car loans and the like secondly the prices of fresh foods have always up in prices relative to processed foods we said it would be because of fertilizer shortages stemming from the Ukrainian war also we also said that a country that has monetary control isnt constrained by spending MMT makes you look at the whole picture and provides a answer that MS Economics doesnt so yes MMTers are right and have been and might be good for you to share the Warren Mosler quote so I can look and see maybe the context is lost. Otherwise have a good night
@Dreamfire52 http://moslereconomics.com/2022/08/11/cpi-ppi/
@Dreamfire52 http://moslereconomics.com/2022/10/18/industrial-production-eu-trade-miles-driven/
@Dreamfire52 http://moslereconomics.com/2022/10/15/retail-sales-consumer-sentiment/
@Dreamfire52 btw not enough people now about mmt thats the problem
maybe he or she would be happier to raise the interest rate in 1 shot to 50%? lol note on "science" in recent wks i have come to the conclusion that science is no longer tests & trials getting repeated results, it is what the morons that rule the world dictate it is as demonstrated here & experienced last 2 yrs. "WE OWN THE SCIENCE" https://www.youtube.com/shorts/uu4x3veqz2s
wasnt monetarism what the quantity of money theory came from and that milton friedman if so he back track on that in 2003 in forbes and the guardian
I will remember Mike Norman forever because he owns the line 'the cost of credit is reflected in the cost of all goods and services'. AGREED.
I don’t think they’re dumb I think they’re good at pretending that they’re dumb. My opinion they know actually what they are doing and want the results that they’re actions bring
LOL … financial vx…..
I'd say we're already in WWIII. Dropped the V in China. Blow up Nordstream 1 & 2. Proxy war in Ukraine. The dead giveaway is when Italy got hit with the V the same week they were supposed to leave the ECB. And if you remember, the European Movement (pre Eurozone) was kicked off during Truman, Dulles, and the CIA. Europe is our financial colony along with the rest of G-7 and the commonwealth.
That's because they want to enslaved everyone else but themselves
Safety in numbers in the monetarist propaganda bubble. Or so perceived… Rather be a bluefish than a bunker.
Mike, can you please tell us what Fed action will actually reduce inflation? Reduce rates? What?
no FED action, it's not under their control
Mike has said in the past that the Fed can raise the interest rate high enough to supposedly create a "demand shock". Like Volcker did and crashed the economy.
Yes, reduce rates because like he has been saying it's additional spending,
When inflation is coming from things like high oil prices positive rates have no effect on that and all the FED can do is lower demand by making people too poor to buy oil.
Well the real estate market is crushed
It will be alright as long as you keep making videos — Miss the daily radio show — it made 2009 2010 Amazing!
What are you talking about Mike? Turkey is printing money like there is no tomorrow!!! Look at its stock market; it looks like a parabolic antenna!!!
💛👁
Mike, your pitbulleconomics website links don't work. They've been like that for a long time. If you're disappointed with the conversion rate from this channel, then it's probably due to that.
Mike, bankers want higher rates because it means more $$$ for them. Isn’t that obvious? They don’t care about the economy, only their own wallet!