by Summary:
They sold today on a hotter than expected CPI but it’s the fiscal developments now that may help them. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
They sold today on a hotter than expected CPI but it’s the fiscal developments now that may help them. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| They sold today on a hotter than expected CPI but it’s the fiscal developments now that may help them.  |
Sounds fine. It’s the logic not the “studio polish”. We all know that stuff is worthless.
Maybe the zombies are starting to follow MMT.
Audio sounds ok Mike. Could the impact to shipping through the Suez Canal choke supply to Europe and the United States and have impact on inflation or the ability to deliver goods on time or at all?
You need a lot more than that carpet.
Here is what I dont get: if its this straightforward (not doubting what you say, just hear me out) and variations of the dynamics are observed in various countries over time, then why is it a controversial point of debate? Why has there not been a crop of junior year econ student papers that look at available historical data here and elsewhere and just demonstrate the relationship between gvt debt issuance / gvt spending ( i think i hear you use them interchangeably?) and inflation? Why is this not "settled science" if it is as you say? Thank u
higher oil prices and rates…good…an oportunity to buy…
MMT zombies 🧟♂️ bought the dip in the last 30 minutes of the day 😂
I'm still hearing some echo, but it's better than hearing the dogs/helicopters/or loud people talking. I like the minimalistic background, but some decorations could help.
Let's take away the ability of the Fed to set short term rates. Let the markets decide. I think it's largely the Fed who created the affordability crisis we are experiencing now.
Í think I like it when you're outside more. Not because of the audio, just feels better
Kudlow is on Fox business now…
Thanks for the insights, Mike. I'm ok with the pull back. My first 401K contribution for 2024 should go in Wednesday. Would be ok for stocks to go down a bit further before then.
If the higher spending is the result of the government paying more for the same amount of goods rather than buying a higher quantity of goods then it doesnt induce any additional production and it does increase the price level. Most government spending in the form of welfare etc isnt in exchange for any goods. Giving money to people for free can only stimulate the economy via the price mechanism, so first prices must increase
This channel should have 5 million subscribers. I don't understand this.
Mike Norman, thank you.
You do more good than you know.
That would ruin it. I'm sure Mike would love it.
This channel is classic. I don't know why it doesn't get watched more. Probably hassling him for a "premium positioning" service fee, while hiding the content at the ends of search querys. Little pressure from the sales team.
Mike since Ross Perot going on endlessly about the deficit and 30 years of hearing that bullshit from everyone I started thinking for myself why does prosperity keep going thru the roof when we are grown broke and owe so much money! Then I discovered you and now it’s crystal clear! I try and tell people but they are blind and most WANT to believe we r broke and doomed! So don’t give up these kinda things eventually break thru to the public conscienceness you can’t give up and your old videos don’t take them down cause eventually u will be shown to be right I’ve watched some over and over to let it sink in! And I’m a right wing conservative!
Happy Mardi Gras
Don't you think private debt is becoming a far bigger problem than anything?
Great work Mike!
Ah, thanks. This is very educational. Mike if you ever do MMT economics video series – I will be the buyer.
❤👁
Mike seems obvious if the fed has interest rates at 5-5.5%, inflation is about the same and they claim a soft landing that they do understand . They will now incrementally lower rates until they get to whatever their target is?