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Is all this panic necessary and justified?

Summary:
Gov't is about to pump over T into the economy via interest income transfers, and the Fed will be GIVING banks 0 bln/yr in new capital. Is this really panic worthy? 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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Gov't is about to pump over $8T into the economy via interest income transfers, and the Fed will be GIVING banks $300 bln/yr in new capital. Is this really panic worthy?



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
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

20 comments

  1. Home Youtube Channel

    I truly hope you understand how important you are to us/to me. Just watching you makes me feel calmer and balanced 🙏❤️. Thank you for showing up for us

  2. We love you

  3. Love ya, buddy.

  4. Michael Kazinsky

    Watching you almost every day for the past 2 years. Hoping for many years to come.

  5. Kino Casino VIP Fanboy

    Mike, I do care about you. I've been showing your videos to my family telling them how much I have learned from you. You are a legend.

  6. ❤👁

  7. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  8. Mike I've been following you for years and can say you are simply one of the best financial commentators out there, and as far as I'm concerned the only person worth listening to for getting a perspective on the financial macro situation. Keep doing what you do and being yourself – we've got your back. And screw the haters

  9. Van Thang Nguyen

    Very touching video Mike, you are a genuine as always. The financial system is very complicated with many variables, however, I think your approach with the fiscal spending and deficit has strong ground in long term strength of the system. In short term, who know what will happen? wish you good health and strength as always.

  10. Thank you for doing what you do. I have learned so much and hope you keep this up. Thank you!

  11. What you basically are saying is the criminal fraud and thievery,…. and the beatings,…. will continue until moral improves.

  12. Carlos Garcia Hernandez

    You are the man, Mike. Period

  13. Mike don't worry about these trolls, because us real fans outnumber them 100 to 1. Keep doing what you're doing man.

  14. Heino Der Sänger

    You say It takes 4-6 Weeks, so bottom won't be earlier than mid-April + 6 weeks = end of May. So a lot of downside in the next few months.

  15. Mike, aggregate CET1 ratio aggregate across US banks is a VERY healthy 13% right now. The Basel accords stipulate an 8% minimum, so there's plenty of slack

  16. Simple and beautiful

  17. Mike your a beacon THANKS.

  18. Mike, I think those of us that watch you regularly recognize that you're genuine in your presentation. The anti-Cramer. Warren is the same way. You know the arguments frontwards, backwards, sideways, left and right. It feels like you're one of us. Just trying to do it the right way in a corrupted system without being corrupt ourselves. That's my take anyway.

  19. Thank you

  20. The best of the best! Keep it up Mike! I hope one day your youtube videos will be studied in schools and universities.

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