by Summary:
It's all about the fiscal flows. Spending and taxation. You ignore this, you have no real idea what's going on. It's all MMT. 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 Mike Norman Twitter https://twitter.com/mikenorman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
It's all about the fiscal flows. Spending and taxation. You ignore this, you have no real idea what's going on. It's all MMT. 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 Mike Norman Twitter https://twitter.com/mikenorman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
NewDealdemocrat writes The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report
Bill Haskell writes Monthly payments could get thousands of homeless people off the streets
Angry Bear writes A Doctor at Cigna Said Her Bosses Pressured Her to Review Patients’ Cases Too Quickly
Steve Roth writes How Did Under-40s Get So Much Richer During Covid?
| It's all about the fiscal flows. Spending and taxation. You ignore this, you have no real idea what's going on. It's all MMT. 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 Mike Norman Twitter https://twitter.com/mikenorman |
You sound clueless about XAU price short term and long term
In what way? Everything I've heard him ever say about gold has been more or less correct
Tom S basically he’s telling you to buy that PM dip !From a TA stand point that is clueless.More dip to come just watch upcoming weeks …
We need to get you a system fairy T-shirt
I read that 83% of stock price increases since 1982 were because of valuation expansion, not earnings increases. I guess that is continuing. People are simply paying more for earnings {or negative earnings) than they ever did before
Risk free interest has been going down thus stocks have gone up.
Trump's fault
I was in rural king today and talked to the store manager for about 5 minutes. He says they are having serious problems getting merchandise. Sold out items take months to get back in , if at all ,and the reason that there are items on the shelves is because they are the items that don’t sell or are slow sellers. So, if a high demand item comes in, it goes out the same day. And what is on the shelves is the stuff that don’t sell good!
Its going to be ugly…..double stamped it no eraseys
This market is going down!
Great MMT Report today Mike!
Great Work Mike!
I thought yesterday we were getting a lot of fiscal support. Granted the week before was tax receipts didn't look good. So today for sure more downturn right?
Honestly I've spent more money recently in anticipation of collapse..
Do corporate tax flows lag personal income tax payments?
No, it's that people are worried about the hordes of Socialist anarchists!
US Attorney General designates NYC an Anarchist Jurisdiction.
… Meanwhile, Alaska has #1 Violent Crime Rate, and #1 in Missing Persons… with a rate TRIPLE the #2 State.
Buy Amzn and sit on it for the Christmas blowout. Get it while you can.
Hi Michael Norman… i know you think the FED don't know what they are doing, wanting 2% inflation but lowering interests trying to get it. I pose to you this… What if the FED knows exactly what it's doing… they know all this borrowing (even in a sovereign currency) eventually (in some form) leads to hyper inflation (or something worse) but we've found the best way to combat this IS deflation… (as seen in Japan where they've had 20+ years of deflation but their society is still some-what intact), that this "deflation" scenario is the lesser of two evils and the better scenario as opposed to one of global hyper-inflation or worse. So the FED tells the public they want this inflation thing (that they don't really want) to mask their actual want of deflation and policy makers are all okay with it on a global scale because the opposite is so much worse and terrible. This then allows us to continuously create more debt and deficit spend and the only sacrifice is low income earners who will get priced out of inflating asset prices.