Summary:
Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
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Mike Norman considers the following as important:
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Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 |