by Summary:
Meanwhile, FOMC members talking out both sides of their mouths. 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
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Meanwhile, FOMC members talking out both sides of their mouths. 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
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
Mike Norman writes Oh no…Eva Langoria leaving the U.S.!!!
Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing
Mike Norman writes Wishful Thinking
| Meanwhile, FOMC members talking out both sides of their mouths. 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 |
Can't hear .
Turn the volume up then bro
Norman can you do a video where you can walk us through exactly how higher interest rates sets higher prices? I thought higher interest rates reduces economic output which should be deflationary.
Higher borrowing costs but it does pressure real estate to go down
Cost push inflation. Interest rates effects the cost of all goods. Effects consumption and thus output.
CNBC article touting deficit spending cut in half and tax “revenues” which is actually a drain not revenue was at an all time high. It amazes me that no one is able to figure out that the economy suffers when the government STOPS spending and RAISES taxes. They always blame stimulus but the reality is during fiscal expansion when get higher asset prices with less price increases
mary mary twice contrary
Been following your channel for the past year. Enjoying listening to a different perspective.
Question: is there a point where there is so much US Debt that there are no buyers? For example, if the US Debt went to 1 quadrillion tomorrow, who would be the buyers of that debt (US Treasuries)?
Mike, the fundamental flaws of MMT are more basic than even the reasons for the nascent MMT policy disaster back in the 1700s with John Law in France after he had to flee the angry crowds irate at his FUBAR early MMT schemes. Lack of trust is the fundamental flaw highlighted in the numerous Marxists cough cough radical Keynesian MMT Fed member inflation policy mistakes. The MMT accounting "confidence game" Mike doesn't work when Marxist regulations and tyrants inhibit and discourage the animal psychological spirits of capitalism. These Marxist tyrants using the fig leaf of MMT accounting confidence games override Lockean property rights, fair play, and trust at the heart of a productive anti-fragile economy. Brandon Biden is a deranged Marxist aka progressive, and MMT is the accounting "tool/trick" that has created spending and policies that have destroyed trust from the myriad violations of constitutional principles on sound stable money. An entrepreneurial dynamic economy as well demands men of integrity running policy, far from the current pool hall grifter mentality of team Brandon and MMT untrustworthy Marxist Fed policy makers.
love it !!!
You called it right Mike! Today's e-mail updates were "Johnny on the spot" as always! You rock brotha!
It's too bad, everyone wants to buy into the fear, only to lose money.
Its always good to hear you repeat and reconfirm these things Mike! It's complicated stuff and a lot to grasp. Imo
Mike, the fundamental flaws of MMT are more basic than even the reasons for the nascent MMT policy disaster back in the 1700s with John Law in France after he had to flee the angry crowds irate at his FUBAR early MMT schemes. Lack of trust is the fundamental flaw highlighted in the numerous Marxists cough cough radical Keynesian MMT Fed member inflation policy mistakes. The MMT accounting "confidence game" Mike doesn't work when Marxist regulations and tyrants inhibit and discourage the animal psychological spirits of capitalism. These Marxist tyrants using the fig leaf of MMT accounting confidence games override Lockean property rights, fair play, and trust at the heart of a productive anti-fragile economy. Brandon Biden is a deranged Marxist aka progressive, and MMT is the accounting "tool/trick" that has created spending and policies that have destroyed trust from the myriad violations of constitutional principles on sound stable money. An entrepreneurial dynamic economy as well demands men of integrity running policy, far from the current pool hall grifter mentality of team Brandon and MMT untrustworthy Marxist Fed policy makers.
I learn more and more everyday, for years, from this man!
Mike, the fundamental flaws of MMT are more basic than even the reasons for the nascent MMT policy disaster back in the 1700s with John Law in France after he had to flee the angry crowds irate at his FUBAR early MMT schemes. Lack of trust is the fundamental flaw highlighted in the numerous Marxists cough cough radical Keynesian MMT Fed member inflation policy mistakes. The MMT accounting "confidence game" Mike doesn't work when Marxist regulations and tyrants inhibit and discourage the animal psychological spirits of capitalism. These Marxist tyrants using the fig leaf of MMT accounting confidence games override Lockean property rights, fair play, and trust at the heart of a productive anti-fragile economy. Brandon Biden is a deranged Marxist aka progressive, and MMT is the accounting "tool/trick" that has created spending and policies that have destroyed trust from the myriad violations of constitutional principles on sound stable money. An entrepreneurial dynamic economy as well demands men of integrity running policy, far from the current pool hall grifter mentality of team Brandon and MMT untrustworthy Marxist Fed policy makers.
12:51 Couldn't it be argued that increasing the price level also increases tax revenues, which offsets the interest paid on treasuries somewhat?
Great video, Mike. Shared.
Many say Paul Volcker lowered inflation by raising interest rates. What is Mike's take on that?
Great video! I know its difficult to keep repeating the basics. But it’s very helpful! We need to keep hearing this at a simple level!! Slowly we will catch on:)$
Awesome video. Thanks Mike
Turkey lowers the rates and the inflation skyrocketing
Like u said, we are not going to change their minds, and why we cant do anything about it? Because its biblical and seems to me like we are in the end times. Pretty obvious if u read revelations where we are in the biblical timeline.
Imo. Keep Jesus close to ur heart we could be close to his return.
Blessings brothers and sisters, be smart and ahead of the masses✝️🙏
Well said and done. BTW – nice smile~ Now subscribed.
Mike, the fundamental flaws of MMT are more basic than even the reasons for the nascent MMT policy disaster back in the 1700s with John Law in France after he had to flee the angry crowds irate at his FUBAR early MMT schemes. Lack of trust is the fundamental flaw highlighted in the numerous Marxists cough cough radical Keynesian MMT Fed member inflation policy mistakes. The MMT accounting "confidence game" Mike doesn't work when Marxist regulations and tyrants inhibit and discourage the animal psychological spirits of capitalism. These Marxist tyrants using the fig leaf of MMT accounting confidence games override Lockean property rights, fair play, and trust at the heart of a productive anti-fragile economy. Brandon Biden is a deranged Marxist aka progressive, and MMT is the accounting "tool/trick" that has created spending and policies that have destroyed trust from the myriad violations of constitutional principles on sound stable money. An entrepreneurial dynamic economy as well demands men of integrity running policy, far from the current pool hall grifter mentality of team Brandon and MMT untrustworthy Marxist Fed policy makers.