Tuesday , April 23 2024
Home / Video / Just think of the swimming pool.

Just think of the swimming pool.

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An easy way to get the macro picture right, all the time. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.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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An easy way to get the macro picture right, all the time.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.pitbulleconomics.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.

21 comments

  1. Always learning from you Mike!

  2. Kino Casino VIP Fanboy

    Big Mike.

  3. Kino Casino VIP Fanboy

    Make sure to LIKE, SHARE and Subscribe!

  4. Guess we hear about tax drains cause we don’t have to same level of spending during covid or off the bottom of 09

  5. Great video today, Mike! Love the swimming pool example with pics LOL

  6. Ur previous video about coffee was surprisingly good, but I prefer ud stick 2 ur usual stuff, unless u have something very important about other topics once in a while, which is fine.
    I watch ads if they are shorter than 50 seconds each, and at times even the longer ones, especially if I listen while doing other stuff, and I also talked about this channel with at least 5 people (whom are all either too busy to watch it, or not interested enough, or did not treat what I say seriously enough), so my opinion matters.

    Remark: Individual stocks behave differently and diverge from the averages both in the short term and the long term.

  7. You Down With Modern Monetary Theory(MMT)

    it dosnt make feel crazy it makes me feel right and right at home with mmt still reading from the Macroeconomic mmt text book. on chapter 23 out 33

  8. Mike start an economics school you are the phd of this game.

    • Most economics courses, surprisingly, ignore macroeconomics and government financing. Isn't it odd that most orthodox economics ignores money?

      You can do the free EdX course through Newcastle University with an MMT perspective.

  9. You think what you demonstrate and instruct on the machinations of the money game is simple. Einstein said "Make things simple as possible , but no simpler. This is my take on your insights into the operations of the money system, good work.

  10. Another good quote from Einstien that applies to your instructions and insights, "Two things are infinite the universe and human stupidity, and I'm not sure about the universe.'

  11. I believe the people who run the system do not care about inflation they only enrich thier positition and the insiders use this system to do just that. Primary dealers especially.

  12. thanks, feeding the algo

  13. Mike how high does the Fed have to raise interest rates to create a "demand shock"?

  14. Thanks a lot, Mike. Your channel is so useful. Please, KEEP IT ON!!!

  15. I hear you Mike, been following you, Kelton, Mosler,,and all the others since 08. Drives me crazy knowing the true operational mechanics of the monetary system and your applied metrics then listening to all the other morons getting paid huge sums to spew total nonsense and entrenched beliefs, But here ill give you another subject and the insane counter so heavily embed in nonsensical cultural beliefs ,equally opposite of objective reality. Obviously religion takes the top spot, and maybe underpins all other insane misappropriations of reality, but think for a second about animal product consumption and the popular view humans need these abominations for their protein intake. You obviously buy into that culturally endorsed insanity by eating big fat steaks. So did I until I started an animal rescue and realized these sentient creatures have an interest in living, we humans only persecute them for simple taste preferences, which no matter how many Keto supporting articles you read are just spitting out similar misdirected disinformation as the economists and financial experts do in turn. Protein is made of amino acids and a balanced plant based diet provides all the necessary aminos needed for ones protein intake. For example, unless all someone eats is carrots, eating an assortment of plant based sources will offer complete protein nutritional requirements, no need contributing to animal slaughter. Both subjects, economics and veganism, suffer from similar prejudices, supporting and finding acceptance from psychological affinities that want to confirm and endorse already held strong belief systems entrenched in our common milieu. So personally, economic misunderstanding and nutritional prejudices, make me think I live in an insane world run unbelievably by all the uninformed lunatics at the helm. But as you well know, its much easier to earn profits going with the trends, not against them. Though I certainly understand your point of alignment, I live it everyday. Unfortunately my balance sheet isn’t endorsing my sentiments. Anyways point of this comment, if you read it, is use your same scientific methods and critical thinking skills you apply so well in macro economics to nutrition. Maybe less animals will be tortured and killed every time somebody takes the time to do likewise. Bonus for you is better health outcomes, but do research, don’t just accept the side that supports your preferences.

  16. Excellent vidio Mike , appreciate what you do here .

  17. Cedric Schwartzler

    Mike, is gold dead? It has gone nowhere for 2 years.

  18. Pls comment on another +100% hike in FED-SNB swap line. You first talked about it here.

  19. The Ethiopian coffee is delicious. Usually take coffee NY regular. Anything other than black does a disservice to the flavor of Ethiopian, in my opinion.

  20. Mike, you can’t go! Been listening strong everyday for 3yrs since I discovered you and MMT!

    This is the only place in the world for applied MMT!!

    Please keep up the amazing channel!!!

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