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Some people cannot stop hyperventilating about the Fed. And it's all based on ignorance. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Some people cannot stop hyperventilating about the Fed. And it's all based on ignorance. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Mike Norman considers the following as important:
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Matias Vernengo writes Milei’s Psycho Shock Therapy
Bill Haskell writes Population Growth Outcomes
Robert Vienneau writes Books After Marx
Joel Eissenberg writes Undocumented labor: solutions, not scapegoating
| Some people cannot stop hyperventilating about the Fed. And it's all based on ignorance. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Der purtin muhnee, der purtin muhnee
I don"t know man, Gregory Mannarino has kind of a good track record. He has so many subscribers that he can move small cap stocks now.
Greg M has the worst record ever !!! i remember his videos from 2010 when i was a beginner investor, he's nothing but a salesman looking to make quick money off newbies who don't know any better
ask him why he deleted all his old videos off youtube from 2010 2011 2012 etc…
He deleted them because he was predicting a crash the whole time. He was freaking out and pumping gold at like dow 17000 years ago.
Moving stocks through influence and picking good stocks in the first place and entirely different things.
Obsession?? These guys control the money… look at all the homelessness everywhere in the country because families can't keep up with inflation. I see it everyday people living in tents everywhere in this country. And the Fed, the banks, etc support the inane policies of our politicians. You have to be blind not to see inflation. Look at housing prices, bitcoin, stock market, everything!! Wow, this is cognitive dissonance…. it's right in front of your eyes. How can you not see it?
It really seems like people project their insecurity/anxiety/inadequacy on the Fed. Like it’s their parents or something.
So true, Mike. Good stuff.
These People Are The Stupidest People On Earth, In Other Word – Libertarian
The Fed is extremely important because if they raise interest rates the discount rate will crush valuations on stocks. The Fed has nothing to do with the real economy or printing money. We saw this in Q4 2018. Higher interest rates are bullish for real economy and bad for financial assets.
Act of 1871 / Treasonous
What are Peter Schiff fan boys doing here???? Economic Con men, Henry Dent, Jim Roger's, Mike Maloney, Greg Mannarino etc.
Mike Norman is a clueless nit wit.Just like in 2007 when he said Real Estate market would never go down. Mike think money printing will not cause inflation. Wrong again Mike
@Pete D So you dont have an adult response and cant defend your own claims?
@Pete D I sold all my silver above the all-time-high for $47 an ounce about a decade ago. Every dude buying from me was saying "What are you doing?? Silver is going to the moon because the dollar is collapsing!!" I'm still laughing about that. Those dudes still haven't made their money back.
I make money off of easily-led idiots like you.
@Will Finn I have come to realize that dudes like yourself are always pounding their chest telling everyone how great an investor they are. Talk is cheap. Are you that insecure that you have to try to impress me with your bull crap stories. You sound like you are very immature for your age. I could not care less what you sold silver for 10 years. Grow up dude.
@Pete D And yet, you are here pushing the narrative of a dude telling everyone to put their money into PMs. It's almost as if Schiff's advice was disastrously bad advice that the entire world was better off ignoring.
So you want to name-check Schiff but dont want to discuss his recommendations.
You want to make false claims about MMT but then you dont want to discuss about the glaring inaccuracies of your claims.
You want to talk about commodity prices but not any of the particulars of what is happening with those commodities.
You want to claim your position is historically supported but then run away as soon as I want to discuss the historical details.
The simple fact of the matter is that you continue to embarrass yourself with every post. I make money on gullible dupes like you.
@Will Finn I do not follow the advice of Schiff on all of his financial ideas. What i am saying is that MMT is a lot of of nonsense. In the real world every country has to produce something in order to exist. People like you think our gov't can just create wealth without producing anything. You actually believe that Bernie Sanders knows what the hell he is talking about.The man never worked a day in his life. He is a leech living off the wealth of the nation. You really need to grow up and stop believing in all the bull that these ultra liberals are shoving down your rear end. Take all this MMT nonsense and stick it where the sun don't shine.
Well said. It's usually young white male libertarian types who screech about the fed, and they don't even print money (not the kind that you, or I use). They need a course in M (MB, M1, M2, M3 etc)
What is private about it?
Those advisers that it has from the banks, among other things, still, I believe.
One of which are former and future employees of the private banks.
"HEY! WHAT'S GOING ON EVERYBODY! WHAT'S GOIN ON!"
asset price inflation
can someone clarify what Mike means by "the cost of credit is reflected in the cost of all goods and services"?
Is he saying that if the borrowing costs for a business goes up, they will raise the prices of their goods and services to cover the cost?
Yes, I believe that is the idea.