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Jumping in and out on every utterance of the Fed. Way to go! 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Jumping in and out on every utterance of the Fed. Way to go! 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
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| Jumping in and out on every utterance of the Fed. Way to go! 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
Traders should listen to you I'm beginning to grasp what you're saying I appreciate it all I'm learning a lot but what you're saying I think you helping a lot of people God bless there's a place in heaven for you thanks
Mike Norman What would happen if the Fed closed up shop and returned all reserves to the banks and all the notes, bonds, and MBS back to the US Treasury?
Somebody else would have to take up the mantle of a regulatory central bank.
"It Is Easier To Fool People Than To Convince Them That Have Been Fooled" – Mark Twain
Hey Mike, I am greedy…I don't want to them to get it…I tried explaining the process fiscal/congress, my friends just won't have it…there is a cognitiive dissonance taking place when it comes to money creation…
I tried too, but I gave up, just let them be. This knowledge is only reserved for the enlightened ones.
This brings up old memories before I joined MMT Trader. I used to be one of these said "chopped up traders" who would watch Mike's videos and wonder what I was missing. I was missing the fact that what I believed or wanted to hear took priority over being on the right side of the trade. I was hell bent on being profitable while true to my beliefs. Being profitable and virtuous was more of an addiction than
being a successful trader.
Great work as always Mike!!!! Hoorah!!!!
Correction coming, investors don't trust the Fed
Got an alert on Thinkorswim Bearish bets on the Russell
Why are you making a video about me!
I know a lot of traders who use to think they're know it all, they gained money during covid but lost it all during corrections. Everyone is a genius during bull runs, but those who can navigate through bear markets are the best of the best. That's you Mike. You knew the market was going up before everyone knew. I remember watching your video about buying the dip last year March. Turned out to be true.
You're the Man, Mike – Thank You for all your insight, always… ✌✌✌
MARKETS LOVE FREE SHIT MONEY like a crack addict likes free crack. 3-1/2 trillion infrastructure over 10 yrs on top of the 600 billion bipartisian free shit. What not to like being bullish.
Sometimes I find Michael's pollyannish view of the Fed entertaining. Not even a modicum of suspicious of the Fed despite Powell being a $30 Million dollar shareholder of BlackRock. Or that the Fed was created by the Warberg family that come from a long line of European bankers. Tonight I may watch the Inside Job. https://www.youtube.com/watch?v=T2IaJwkqgPk&t=4000s
9:30 I love home work assignments. Always learning from Mike! Hoorah!
Fed prints money and unfortunately the truth it flows to the upper rich class who own the majority of the assets, and these operations to help the workers and consumers do not see the benefit.
"Dey're printin munnie!"
PBS Front Line "the Warning" excellent documentary on the Dream Team lack of oversight of Wall Street.
It comes to something when the one of the first things I do over my morning coffee is: 1. Check the bank balance, 2. Read my emails, 3. See if Mike has posted an new educational video. And yes, they are educational in my opinion. Cheers Mike. If I lived in the US, I'd buy you a beer.
When I say to people that a central bank doesn't add anything, it just changes the balance sheet composition,, they start scratching their heads. Well that's normal, most never prepared one, let alone know how to read it.