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People reacting emotionally to inflation numbers. They don’t understand what investing is all about.
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People reacting emotionally to inflation numbers. They don’t understand what investing is all about.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| People reacting emotionally to inflation numbers. They don’t understand what investing is all about. |
Love your video today. I haven’t bought today because I think the correction will be some more days but nonetheless loved the raw video ?
Mike I like the language
Mike you're always point on
People that are listening in should be thanking you for your time on YouTube not complaining they're idiots
If people are scared of inflation they should buy some gold and silver. If traders want to profit from that: they can buy gold- and silverminers. It's probably best to buy a few
dividend paying silver miners. No need to be b*tching about inflation. Mike is right about that. Me? I am long Fresnillo Plc.
200 points is a panic? I don't think so. I call it like Wednesday
Keep purging Mike.
Palantir took a hit today. Consequently, I bought more shares below 23.00.
Got some more leaps
Spot on Mike. People who are whining about inflation or the Fed or whatever are losers who are clearly not making any money. Instead of taking action and profitng from their "beliefs", they are either on the wrong side of the market or on the sidelines with dick in hand.
Mike is back! I don’t care about inflation ‘fear’ as I know it’s transitory and that income will come back to me soon when this all calms down. I have patience and in the interim I’ll buy the dip man for my families investments and use that to offset the temporary increase in my gas bill. It’s all good 🙂 These panics are like looking at a single country as a benchmark of geopolitical stability rather than the whole planet. I’d rather look at the bigger picture and try to guess how animal spirits will play out and do the opposite. Mike We need to hear about the fed printing money as now they’re selling securities they actually are. Come on Mike, say it!
Hook'EM!!!
HOUSING HOUSING HOUSING, when Housing crashes so does the stock market.
Still holding on my 2000 shares of TLT. Also AFRM went up a whole lot in after hours for some reason even though other fintechs like Visa and Paypal crashed. I'm with Mike that this inflation will turn soon but I'm buying more risk off than risk on stuff.
Mike you do a good service to all who cross paths with you thank you for your perspective.
What is the point of defending inflation relative to trading?? Do you have a chip on your shoulder or something bugging you subconsciously? Because if you're the one bringing it up…. well then maybe people care about inflation because we're not immature children that only think about ourselves right?? There are millions of people that don't trade or invest that are suffering.
The way you go about justifying it is no different from the Narcissism that prevails wallstreet and the bankers. Narcissism is clinical disorder which is characterized by "exploitation, entitlement of that exploitation, and lack of empathy". the three Es of Narcissism. 90% of wallstreet grew up in households where they were applauded for being "clever". Forget your common man they've got nothing to do with you…. skin off their backs.
We're not all self entitled "clever" arsholes …. we're human beings that give a shit about our fellow man so your chest thumping on this subject only appeals to like minded self interested "clever" individuals. Better you stay off this path.
Everyone wants their income and their assets to inflate, often regardless what more they put into those gains. Farmers want their cost to go down and go wholesale prices they get to rise. People want their stock prices to increase of stuff they already own, but decrease for stuff they don't own yet.
Looking good Mike! Hoorah!
Great MMT Report and thank you for the prompt updates! You rock Mike!
Great video!
The fear amongst people that don't understand/accept MMT is that deficit spending causes inflation, so when they see any inflation, they panic about two things – the inflation, which they see as evidence that 'printing money' has diluted the value of the dollar. , and 'paying the debt back'.
But as someone who understands/accepts the main thrust of MMT, we can see that deficit spending doesn't create inflation, and neither does the panic, so we can sit back and look at it rationally.