Summary:
A phrase I hardly ever use and here’s why. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
A phrase I hardly ever use and here’s why. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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A phrase I hardly ever use and here’s why.  |
Mike looking pretty tan!
Buy Banks ✔️
Bro changed races 💀💀💀💀
Thanks Mike! Great video! Folks don't forget to Like Mike's Videos
great attitude Mike !!!
What is your take about the other world currencies (namely Yuan ~ ahem) in response to a gradual relaxation on Fed interest rates? I am concerned mostly about raw materials and lingering inventories.
Mike I love the tough guy look. Beauty bud!!
Thanks for the updates, Mike. The boxing and tan have you looking tough. Keep up the good work.
Its Mr Steal Yo Girl!
Great video Mike!
Very important macroeconomic info!!!! Must watch!
I swear to God this guy is the reincarnation of John McAfee.
Mike – awesome !!
thanks Mike.
Mike looks rip
Hey Mike! How will these rate cuts affect your view on the $?
You should talk about how long it will take for the interest income transfers to start reducing, considering some have very long terms.
I 100% agree that the interest rates have added to the fiscal transfers. But there was a time of growth before the interest rate increases. Hopefully, they tax less and spend more in 2025 under a new administration. Defense could increase as the UK, Europe, and the USA keep backing Ukraine and Israel. Just need around $1 trillion of extra missiles and bullets to be loaned to Zelensky.
I remember what you said about rate cuts. I'm prepared.
Umm. Interest rate cuts = more liquidity. ?????? What are you talkin’ bout?
This is false. This is the error of single variable analysis. Interest rate cuts remove interest INCOME. And borrowing adds no additional financial asset because it's a credit AND a debit, whereas rate increases provide interest income with no offsetting liability.
@@mikeydoggy lol. Okay bro.
@@mikeydoggy Except you are forgetting that Reduced interest rates lower monthly payments on variable-rate loans and credit cards, leaving consumers with more disposable income to spend. Higher consumer spending further increases liquidity.
Lower interest rates make saving less attractive, prompting investors to seek higher returns in other assets like stocks, real estate, or business ventures. This increased investment activity adds liquidity to the financial markets and the broader economy
@@blackfiree91 You are correct, and I am not forgetting that. What you don't seem to understand is that while consumers have more to spend because their payments are reduced, creditors have less because their interest income is reduced. So, in the aggregate, the amount of income to the economy is reduced because the non-government sector is a net creditor.