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Larry Summers, the monetarist zombie you can’t kill.

Summary:
Larry Summers in the media today with once again, some ridiculous commentary. 

Topics:
Mike Norman considers the following as important:

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Larry Summers in the media today with once again, some ridiculous commentary. 
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.

19 comments

  1. Summers tried to sell Credit default swaps to the chinese but they were too stupid to buy them.

  2. cage match between Christe and Summers

  3. Summers made a shit load on the speech circuit

  4. CONTRARIAN Mike you put me on to this Tom Brady spokesman for FTX and Sam Bankman Bitcoin

  5. BRO!!! (WTF Is MMT)

    and yes larry summers comes from the school of austrian economics his advisor was martin feldman who studied austrian economics

  6. It's good that you have some words for Larry Summer, it brighten many people view about him and many other "experts". Please talk more again about many of them out there. They scare many investors and that leads to losses. Thanks.

  7. I wore sneakers with a suit a couple times in the 1980s

  8. How big of a drop are you expecting for the next 2 months? 10% in the indices?

  9. I thought taxes just got deleted. Spending is separate

  10. I blame Phil Collins.

  11. I make sneakers for a living and agree with you Mike…I don’t get it.

  12. Sneakers with suits – betrays absence of a sense of style. Ok if you want to look incongrous.

  13. It may or may not and that my friend, is for certain

  14. Financial flows, fitness, fashion and fuckwits…

  15. Never mix fine and coarse fabrics. It's a simple rule. 
    Another lesson learned: if you don't want to shave, you should dress up. If you don't mind shaving, you can dress down
    I reckon being an MMT investor is a lot more satisfying than being an MMT citizen, which is tragic and horrifying😳

  16. Monkey suits and fuzzy slippers – someone call the Fashion police.

  17. Do settlement times (i.e. usually 2 days settlement on securities sales) affect any of these flows? i.e. if taxes are due 15th, they would have been paid…i'm guessing i just don't understand how the flows work from a timing perspective.

  18. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👁

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