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Chief Economists(?) not understanding basic, simple things! Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.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
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Chief Economists(?) not understanding basic, simple things! Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.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
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New Economics Foundation writes Moving forward
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| Chief Economists(?) not understanding basic, simple things! Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.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 |
we had a flat to down market for over a yr now theres your recession…
There was a recession and corporations didn’t do layoffs because the recession was small but protracted.
Now they all do layoffs while the economy is taking off because of projections based on last year’s recession data.
i love how supporting term limits(like matt gaetz) makes you a terrist… lol wise words from moron bohemian grove goer newt gingrich.
A "fat-tail event" is described as such because its occurrence reveals that its probability is greater than the expectation of its taking place in a thinner-tailed distribution. The distribution is revealed as being different from previously thought: the extreme value is actually more likely to occur.
Outstanding
You saved my life, Mike. Keep up the good work.
I love this channel. Nothing but gems.
That moron woman is getting paid big bucks to lie. Here's Mike telling the truth and not making big bucks. What a screwed up system this is thank you Mike Norman
yes I get it, expansionary fiscal drives the markets up, monetary policy is a sideshow, just a recomposition.
Lmao 😂 Thanks Mike! With your teachings we can all easy take the chef economists job! Energy stocks (XOM) could have a nice sell off on Friday/Monday. Be ready 😉
Contango, Contango ↘️
My Asian ETF went up more than 5% today.
She was right Mike. People burn through their cash which leaves them with no option of investing into the garbage market. They buy food and shelter instead. Not bitcoin and Sofi stocks.
And where does the money go? To whom does it go? And how do they, in turn, spend it?
If people spend more than their income and rely on credit to live… that's a problem. Mike spoke the other day about how consumer debt is at a manageable level currently- especially compared to 2007-2010 when it blew up. If everyone starts defaulting, look out. So far, so good.
They stopped fractional reserve in 2020. Anyone who wants a loan can get it.
😂😂😂😂 “burn through their cash”
thanks mike, would love your impressions on the housing market and it's overall impact on the economy. Interesting I'm seeing a lot of pages post about a housing crash lol not saying this is happening but would love your input on the topic. Thanks again!
💛💛💛💛💛💛💛💛💙💙💙💙💙💙💙💙💙💙💙❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👁
Good stuff, Mike. Keep on keepin' on. Some of us MMT activists have been drawing traffic to your channel for several years. Glad the idiot trolls finally gave up and drifted away. 😊
"I don't want to get to the end of my life and find that I lived just the length of it. I want to have lived the width of it as well." -Diane Ackerman
again many thanks Mike.
↖️ Thanks for everything. #⃣
Thank you Mike. I was broke and poor, and turned $4k into $40k in December based off your trading (bought as many $4 calls as possible with $4k on SPY). I have no doubt I can be a millionaire if I keep listening to this channel in 2023.